Presidential Candidates Respond to SCOTUS Obamacare Ruling
The Supreme Court’s 6-3 ruling Thursday may have kept the health care law and its insurance subsidies in place, but that doesn’t mean Republican efforts to “repeal and replace” the law are done. Major GOP presidential candidates took to Twitter following the Supreme Court’s announcement to blast the high court’s decision. Here are their responses and those from the Democratic candidates.
I am disappointed in the Burwell decision, but this is not the end of the fight against ObamaCare. http://t.co/3yaEVF1TaW
— Jeb Bush (@JebBush) June 25, 2015
Yes! SCOTUS affirms what we know is true in our hearts & under the law: Health insurance should be affordable & available to all. -H
— Hillary Clinton (@HillaryClinton) June 25, 2015
Despite the Court’s decision, ObamaCare is still a bad law that is having a negative impact on our country and on millions of Americans.
— Marco Rubio (@marcorubio) June 25, 2015
Justice Scalia got it right! "Words no longer have meaning if an Exchange that is not established by a State is "established by the State."
— Dr. Rand Paul (@RandPaul) June 25, 2015
I remain fully committed to the repeal of Obamacare—every single word of it. And, in 2017, we will do exactly that https://t.co/6i4WzLFzKR
— Ted Cruz (@tedcruz) June 25, 2015
#ObamaCare ruling is judicial tyranny. http://t.co/Di6WjxOc3y
— Gov. Mike Huckabee (@GovMikeHuckabee) June 25, 2015
Now that this ideological attempt to stop #ACA failed, we must redouble our efforts to bring health care to every person in this nation.
— Martin O'Malley (@MartinOMalley) June 25, 2015
Americans deserve better than what we’re getting with Obamacare. It’s time we repealed and replaced it! http://t.co/1EHfbVKBMa
— Rick Perry (@GovernorPerry) June 25, 2015
It is outrageous that the Supreme Court once again rewrote ObamaCare to save this deeply flawed law https://t.co/NBAnohFTW7
— Carly Fiorina (@CarlyFiorina) June 25, 2015
RT If you agree. We need real leadership in Washington, and Congress needs to repeal and replace #ObamaCare. #SCOTUScare - SKW
— Scott Walker (@ScottWalker) June 25, 2015
NEWS: Sen. Bernie Sanders' statement on Supreme Court decision upholding #ACA http://t.co/AUQgEHqUsi pic.twitter.com/PjyEillVBa
— Bernie Sanders (@SenSanders) June 25, 2015
Deeply disappointed by #SCOTUS ruling. Fundamental increase of govt control. I'm working to ensure next Pres repeals and replaces #Obamacare
— Dr. Ben Carson (@RealBenCarson) June 25, 2015
Today's Supreme Court ruling is another reminder that if we want to get rid of #Obamacare, we must elect a conservative President #RICK2016
— Rick Santorum (@RickSantorum) June 25, 2015
Deficit Hits $738.6 Billion in First 8 Months of Fiscal Year
The U.S. budget deficit grew to $738.6 billion in the first eight months of the current fiscal year – an increase of $206 billion, or 38.8%, over the deficit recorded during the same period a year earlier. Bloomberg’s Sarah McGregor notes that the big increase occurred despite a jump in tariff revenues, which have nearly doubled to $44.9 billion so far this fiscal year. But that increase, which contributed to an overall increase in revenues of 2.3%, was not enough to make up for the reduced revenues from the Republican tax cuts and a 9.3% increase in government spending.
Tweet of the Day: Revenues or Spending?
Rep. Kevin Brady (R-TX), ranking member of the House Ways and Means Committee and one of the authors of the 2017 Republican tax overhaul, told The Washington Post’s Heather Long Tuesday that the budget deficit is driven by excess spending, not a shortfall in revenues in the wake of the tax cuts. The Wall Street Journal’s Kate Davidson provided some inconvenient facts for Brady’s claim in a tweet, pointing out that government revenues as a share of GDP have fallen significantly since 2015, while spending has remained more or less constant.
Chart of the Day: The Decline in IRS Audits
Reviewing the recent annual report on tax statistics from the IRS, Robert Weinberger of the Tax Policy Center says it “tells a story of shrinking staff, fewer audits, and less customer service.” The agency had 22% fewer personnel in 2018 than it did in 2010, and its enforcement budget has fallen by nearly $1 billion, Weinberger writes. One obvious effect of the budget cuts has been a sharp reduction in the number of audits the agency has performed annually, which you can see in the chart below.
Number of the Day: $102 Million
President Trump’s golf playing has cost taxpayers $102 million in extra travel and security expenses, according to an analysis by the left-leaning HuffPost news site.
“The $102 million total to date spent on Trump’s presidential golfing represents 255 times the annual presidential salary he volunteered not to take. It is more than three times the cost of special counsel Robert Mueller’s investigation that Trump continually complains about. It would fund for six years the Special Olympics program that Trump’s proposed budget had originally cut to save money,” HuffPost’s S.V. Date writes.
Date says the White House did not respond to HuffPost’s requests for comment.
Americans See Tax-Paying as a Duty
The IRS may not be conducting audits like it used to, but according to the agency’s Data Book for 2018, most Americans still believe it’s not acceptable to cheat on your taxes. About 67% of respondents to an IRS opinion survey “completely agree” that it’s a civic duty to pay “a fair share of taxes,” and another 26% “mostly agree,” bringing the total in agreement to over 90%. Accounting Today says that attitude has been pretty consistent over the last decade.