Sunday, September 30, 2012
Our kids will sacrifice for a GOP plan that is just a bad deal.
GOP is shedding crocodile tears for our kids . Republicans are using concern for our kids’ future to rationalize all kinds of cuts to programs that already protect them. They do this in the name of not saddling them with debt. Gov. Chris Christie of NJ on CBS “Face the Nation” September 30 tried out a new slogan. He called for shared sacrifice. The problem with the GOP plans he supports is the wealthy get the shares and the rest of us get to sacrifice, especially our kids. Their plans do not add up to cut the deficit, anyway.
I have two sets of kids: one, our own late 40 early 50 year olds and our grandchildren. The cuts to programs proposed by the GOP are to discretionary funds . They have not provided specific details of program by program cuts because they just might turn off some supporters . However, if they were made across the board, it would require extreme cuts to any federal funding to states for education, student loans and Pell grants. How does that help my grandchildren?
The GOP wants to push our children not yet 55 into a changed Medicare plan that gives them no guarantee that the vouchers or the alternative traditional Medicare will be funded to the extent that it will keep up with the projected increase in health care costs .How does that help my kids?
By repealing Obamacare and shoving the costs to states to provide any coverage for those with unable to afford premiums to the states they are giving us a plan that is a non starter, given their strapped finances and the GOP Teaparty stranglehold on statehouses and state legislatures. How does that help my kids who may fall on hard times?
What about anyone with children with pre-existing conditions? Mitt Romney claims he will require health insurance for those who already have continuous insurance. That does not help grandchildren with pre-existing conditions or adult kids who had insurance but were laid off, or missed a day changing jobs. . How does this help our kids?
If they reach a stage in their lives where their health costs and nursing home care costs exceed their assets and they are impoverished, their safety net has been Medicaid. The GOP wants to cut that by 30%.. How does that help our kids?
For these almost seniors, the GOP plans to repeal Obamacare but in so doing, they reopen the prescription donut hole in , costing them in today’s dollars around $600 per year. The repeal of Obamacare would take 8 years off the life of Medicare as we know it . Instead, the GOP would voucherize and cap the growth of future federal fund for Medicare, meaning that sometime in the future, co-pays will rise dramatically. How does that help my kids?
Republicans believe giving 5 trillion dollars in tax cuts to the wealthy, increasing military spending will stimulate economic growth, while slashing government spending on discretionary spending, the deficit will be cut.
According to the Congressional Budget Office, the Paul Ryan plan that includes these proposals will not decrease the deficit; it will increase it. Romney has tried to distance himself from Ryan’s plans, but he never detailed how making both liberals and conservatives uneasy. Repealing Obamacare as the GOP proposes will not reduce the deficit; it will increase it, too, per the CBO.
There are other ways to cut the deficit that are less painful to the next generation and actually work. Both the Simpson-Bowles Commission came up with one and so did the Obama administration. All Republicans in Congress voted against both.
So our kids will sacrifice for a GOP plan that will not work to reduce their inherited debt?. That is no trade off; that’s just a bad deal.