McCarthy: Democrats Must Cap Spending to Avoid US Debt Default

Other nations surpass us in life expectancy, preventing infant mortality and in overall general health.

These countries also pay way less for the care they receive on both an individualized basis and as a whole.

 

The socialized healthcare in other countries downright sucks compared to what we have, despite your cherry picked facts. I have at least two autoimmune diseases and have had contact with literally thousands of others across the world. Yes, they love their so called free healthcare but, after listening to how it works from them and their stories, I wouldn't touch it with a mile long pole. They literally have no clue how horrible they have it. Yes, on paper it looks better but it is NOT. That's why many come to the US for treatment.

 

I agree. The sad thing is is that there are those some of whom are in congress that literally would prefer default to negotiation and actual compromise.

 

What startling demands what is so startling about we need to cut spending? How do you propose to cut the deficits and then the debt without getting spending under control and not just keep increasing the debt limit?

I will remind you what you said in the past about deficits

 

What claim and accusation and why does that absolve the Dems who control the Senate and the Presidency from any responsibility for the governments fiscal policy?

 

Why shouldn't Congress review them in detail every five years and fix any problems so they they are sustainable rather than just letting them continue to run on autopilot over the cliff?

 

None of the proposals were for complete privatization and you have the trust funds to continue to pay the current beneficiaries, the future beneficiaries would not draw as much from the government funds so as the trust funds deplete so does the outflow.

 

Yes Obamacare has been so great for working Americans

Average family premiums for employer-based health insurance have jumped 47% in the last decade, outpacing wage growth and inflation

• While average premiums are up 4% from 2020, they’re 47% more than they were in 2011.
• Deductibles have surged 68.4% over the last decade to an average $1,669 from $991.

https://www.cnbc.com/2021/11/11/pre...urance-have-jumped-47percent-in-10-years.html


Obamacare Has Doubled the Cost of Individual Health Insurance

KEY TAKEAWAYS
Eleven years after the passage of Obamacare, Americans buying health insurance under the law are still worse off financially than before the health law was enacted.

Obamacare more than doubled health insurance costs for workers and families, with the national average premium increasing by 129 percent from 2013 to 2019.

Recent years have shown that costs drop when states can use regulatory relief to provide options tailored to the unique needs of citizens with high health costs.



https://www.heritage.org/health-car...-doubled-the-cost-individual-health-insurance

 

It is the Biden White House that is demanding it gets what it wants and will not even discuss it. Debt limit increase with no qualifications just more unlimited spending.

So please do not complain about "Republican" deficits and debt, as we seen once again that is driven by Democrats.

 

I don't know the number, but I am sure there's a group of gov't people that do investigate fraud.
As I said, the number of fraudsters will never ever be zero. Even if we put unlimited resources into finding them.

To find fraud, there has to be money and people dedicated to that. How big is the fraud investigation dept? How much funding do they receive?

 

It’s funny your completely BS biased source doesn’t show what it was doing prior to the ACA

 

And that refutes the fact that Obamacare did not cut our health insurance/care cost how?

And BTW your charts show the huge rate of increase AFTER Obamacare

 

And I will add

"The White House, however, made it clear that President Joe Biden – who called Republicans “fiscally demented” in comments over the weekend — has no plans to negotiate on the issue, and is demanding instead a clean vote to raise the debt limit."
https://finance.yahoo.com/news/bide...r9z_2KShOEV9y-ZVmT0qY7C1YtitJabqzGxkaCllmxBTa

So who is holding the economy hostage refusing to negotiate to get just their way?

 

I agree, and did so from the very start.

I advocated for what Obama wanted in the first place - a single payer system. Other countries have been highly successful in providing healthcare to all citizens while spending far less on healthcare.

The bipartisan committees that created our current system used as a base the system Republicans posed during the Clinton administration, and Dems conceded that direction. Dems saw that as nearly a requirement to get Republican cooperation.

 

They don’t actually, in the first graph there is a flattening of out of pocket costs and a reduction in the prior trend line in per capita costs.

When you add in the fact that the number of uninsured has gone from over 17% to closing in on single digits that is a massive accomplishment.

Had Democrats not tried to negotiate with Republicans and just pushed a national plan this would have been even more significant. I hope they have learned their lesson here.

 

Single payer systems simply don't have the same opportunity and the motivation for getting healthcare by trying to cheat or commit fraud as our system does.

Our system delivers healthcare through a maze of overlapping programs and support systems with differing objectives and qualifications in order to cover for the fact that large numbers of Americans can't pay for a full featured insurance plan from any of our for-profit insurance companies. The administration of these overlapping systems is expensive both for providers (doctors, hospitals, etc.) and for government.

We also have people who use our system when they simply don't have insurance or ability to pay.

The level of bureaucracy that our system requires is one of the significant reasons that single payer systems are so much less expensive.

 

No, that is NOT the issue.

McCarthy made statements indicating that his direction would be that of holding the US economy hostage to his will - a tactic that Republicans have attempted to use in the past.

And, THAT is absolutely NOT acceptable.

 

There is NO QUESTION that existing trust funds can not POSSIBLY pay what is due those who have contributed to SS.

 

The negotiation isn't between one party in the House and the president of the US. What made Republicans think THAT is the way our system works???

The HOUSE has the budget responsibility.

The HOUSE has to negotiate that and come up with a solution, even though it appears that Republicans do NOT want the job they got elected to do.

House Republicans simply need to put their big pants on and read the job description.

 

You are only talking the difference between the what individuals would contribute to their private portion and what is being paid out and it would transition as payouts decreased. Might there be some transit cost yes but what is going to be the cost to further maintain the status quo?

You seem to think we are locked in with no recourse.

 

It is Biden who is holding it hostage refusing to negotiate.

 

The healthcare bill included measures that would cut healthcare costs, but those measures got killed before passage.

Probably the main such measure was to have government provide an insurance plan in competition with for-profit insurance corporations.

Republicans were concerned that this direction could turn into a single payer system.

Of course, single payer systems are well known to be FAR cheaper than is our system.

 

Wrong both houses of Congress have equal budget authority and each wwrites it's own and passes it's own budget which are then reconciled. It is the President who only has the authority to suggest a budget which are routinely ignored, DOA. People noting the deficit did this are merely according who was President engage in folly.

The Dems who control the House and the Presidency have the higher burden to do so and they are refusing.

 

Nope and Obama continued to make the claims. The faxtnis most people got screwed with Obamacare. Like his failed stimulus it did the oppositeof what it was sold on.

 

Look, this was a Republican direction and they struggled to find a solution.

They did not even come close to finding a methodology that would pencil out according to their own Republican fiscal principles.

This didn't have anything to do with Democratic opposition to anything they were trying to come up with.

But yes, the design of SS makes it very difficult to replace. The primary reason is that the contributions of those working IS the revenue that is used in payouts.

If you impact that revenue stream, you have to find a replacement source.