Key Questions &Takeaways From the Debt Ceiling Deal

Discussion in 'Current Events' started by DEFinning, May 29, 2023.

  1. Bluesguy

    Bluesguy Well-Known Member Donor

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    People were already paying $30 - $35 and the companies have even expanded those savings programs. Do you really fall for these scare tactics or just play along with them?
     
  2. Alwayssa

    Alwayssa Well-Known Member

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    Raising revenue is definitely part of the solution to deal with the debt ceiling. At least Biden's plan would have raised some revenue where needed, but with this deal, no new revenue will be raised and no new tax cuts should be proposed either.
     
  3. Alwayssa

    Alwayssa Well-Known Member

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    Well, that is BS. Most insulin costs somewhere around $300 including Novolog and other Humunilin types of insulin. There is one Walmart Brand that costs $26 with no insurance, but that type of insulin is not used by most Diabetics for medical reasons. With insurance, prior to Trump's executive order and the new law, you would pay 15% of the copay at a pharmacy retailer, sometimes up to 25%, depending on your insurance plan. If you had a prescription drug plan with private insurance or Medicare Part D, mail orders will be capped at a certain amount and most of that was well above $30 a month.

    You may want to look at this website. It pretty much proves you wrong.
     
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  4. Bluesguy

    Bluesguy Well-Known Member Donor

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    And people don't pay that. One of my scripts list at almost $300 and I pay $30. All the companies have discount plans you can sign up for in less than 10 minutes. This was all explained with Biden was pulling his charade. People were already paying $30-$35 for their insulin.
     
  5. Torus34

    Torus34 Well-Known Member

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    Hi, Alwayssa.

    The 'deal', when one takes a good look at it, is semi-binding for two years. The CBO rates it as providing a $1.5T reduction over to years. That's $0.3T for two years, if that.

    Congress, that marvelous two handled engine, has managed to create the appearance of a crisis and dispelled it with little after effects than a bit of reduction in the confidence that the US will pay its debts.

    Regards, stay safe 'n well.
     
  6. Alwayssa

    Alwayssa Well-Known Member

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    Not everyone has express scripts. I don't, I have private insurance, BCBS. If you look at Blue Cross, United Healthcare, and other private insurance, that is not what people pay for, PERIOD. And yes, Scripts lists it now at $30, it was I think $45 before the EO was in place. And you have to look at the brand and type of insulin out there as well. If you get 70/30 Humulin from a generic brand, then yes, but it you get a name brand, it is more if they carry it. But they started the program in 2019 after the Trump Executive Order. All the Democrats did was codify the executive order and somehow you guys were against that LOL.
     
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  7. fullmetaljack

    fullmetaljack Well-Known Member

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    Oh, good, then we can now expect all the righties and MAGA types to stop blaming Biden for inflation and the deficit. I will refer to your post repeatedly.


    You are COMPLETELY WRONG about the Shrub. Why do you continue to double down on false statements ? Even if we back off 1 year, Republicans still run
    up the deficit like there's no tomorrow. And then Democrats have to come in and fix it.

    upload_2023-6-1_11-18-28.png


    Source: U.S. Office of Management and Budget
    Release: Fiscal Year Budget Data
     
  8. DEFinning

    DEFinning Well-Known Member Donor

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    Why not look at what had been Pres. Biden's actual proposals?

    They had been rather modest.

     
    Last edited: Jun 1, 2023
  9. Bluesguy

    Bluesguy Well-Known Member Donor

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    I said nothing of the sort. I said the President does not SOLELY control the budget. Are you claiming otherwise. I said CONGRESS is part of the equation do you disagree?

    Because as I have shown over and over Bush was able to hold the Democrats spending increases to just $400B but they cut him out in 2009 and even bragged about it. So stop assign those two years to him as if they were HIS budgets. OBAMA signed the 2009 Omnibus Spending into law with HIS additional spending in it. He signed it in March of 2009 are you denying that?
     
  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    I'm asking you, you said it takes new taxes so what should we be taxing everyone at to pay for all this spending how high are YOU willing to tax the money out of the economy? How much more revenue should the government be taking from everyone and if you are going to just use that then it needs to be across the board and EVERYONE pay more not just 1%.
     
  11. DEFinning

    DEFinning Well-Known Member Donor

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    Your post is, as your side likes to say, "fake news." As I've already said, one cannot be both for tax cuts for the rich, and for "fight(ing) exploding debt."

    Republicans in Congress, in a most two-faced manner,
    only want to fight debt, when a Democrat is in the White House.

    I am for fiscal responsibility; that does not mean paying for irresponsible tax cuts, by gutting social spending.
     

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