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yallerdawg

(16,104 posts) Wed Jun 10, 2015, 01:21 PM Jun 2015

US House of Representatives Ready to Vote on TAA/TPA Friday

GOP to hold trade vote Friday

by Scott Wong, The Hill

Leaders late last night began putting the gears in motion to give them the option of taking up Trade Promotion Authority (TPA) by the end of the week.

The Rules Committee late Tuesday night posted TPA and three related trade bills on its website, where they can be read by the public. The influential panel, which decides how bills are brought to the floor, will take up the trade package at 3 p.m. Wednesday.

The legislation also reflects a deal by Speaker John Boehner (R-Ohio) and Minority Leader Nancy Pelosi (D-Calif.) to resolve some outstanding issues over offsets for Trade Adjustment Assistance (TAA). The pair huddled in the Capitol on Tuesday.

As part of the agreement, Republicans agreed to scrap the Medicare sequester offset, which Democrats objected to.

New offsets would find savings from cracking down on fraudulent claims against tax credits used for higher education and increasing penalties on businesses that fail to file correct 1099 information returns.

http://thehill.com/homenews/house/244472-gop-huddles-on-trade-vote-timing

12 replies

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US House of Representatives Ready to Vote on TAA/TPA Friday (Original Post) yallerdawg Jun 2015 OP

Removing the Medicare funding offset gets rid of a major issue for some. Thanks for posting this. Hoyt Jun 2015 #1

Oh, for me, the Medicare thing was just a small part of the overall putrid mess. djean111 Jun 2015 #2

I agree, but TPP opponents made a big deal about it even though it wouldn't have started until 2024 Hoyt Jun 2015 #3

Oh, are the people who will need Medicare in 10 or 11 years not worth bothering about? djean111 Jun 2015 #4

$450 Million in Medicare is nothing, and would have been removed down the road with other budget Hoyt Jun 2015 #5

And the offset was just a distraction from the corporate giveaways. djean111 Jun 2015 #6

The Rightwing juggernaut rolls right along. Why is our President at its helm? nt Romulox Jun 2015 #7

Do you want a Demcocrat making the agreements... yallerdawg Jun 2015 #8

No. nt Romulox Jun 2015 #9

Liberal? No. Progressive? No. Jumpin Jack Flash Jun 2015 #10

Who told you that? yallerdawg Jun 2015 #11

I have, and I think it's pure unadulterated crap. Jumpin Jack Flash Jun 2015 #12

Hoyt

(54,770 posts)

1. Removing the Medicare funding offset gets rid of a major issue for some. Thanks for posting this.

Reply to yallerdawg (Original post)

Wed Jun 10, 2015, 01:36 PM

Jun 2015

Cracking down on the 1099 filings will close a major way people -- including rich and some not so well-to-do -- avoid paying income tax.

djean111

(14,255 posts)

2. Oh, for me, the Medicare thing was just a small part of the overall putrid mess.

Reply to yallerdawg (Original post)

Wed Jun 10, 2015, 01:41 PM

Jun 2015

Well, I wonder if I will be (probably temporarily) relieved when they vote - or will I just have a convenient list of corporate politicians I will never vote for again?
If it fails, I imagine Jamie Dimon will start calling people.

Hoyt

(54,770 posts)

3. I agree, but TPP opponents made a big deal about it even though it wouldn't have started until 2024

Reply to djean111 (Reply #2)

Wed Jun 10, 2015, 01:58 PM

Jun 2015

Same kind of fuss they made against the ISDS, as if it were some brand new idea developed by corporatists, not the UN and WTO.

djean111

(14,255 posts)

4. Oh, are the people who will need Medicare in 10 or 11 years not worth bothering about?

Reply to Hoyt (Reply #3)

Wed Jun 10, 2015, 02:03 PM

Jun 2015

Interesting take on it. And maybe the whole Medicare things was just a feint, put in so it could be taken out so as to lull people who are not paying attention to the big picture.

Hoyt

(54,770 posts)

5. $450 Million in Medicare is nothing, and would have been removed down the road with other budget

Reply to djean111 (Reply #4)

Wed Jun 10, 2015, 02:14 PM

Jun 2015

finagling. Heck, Elizabeth Warren has expressed support for removing the 2.5% tax on medical devices used to help finance the ACA. Why did she do that? Because there are a bunch of medical device companies in her state that whined, and she caved.

Besides, I use Medicare and used to work for Medicaid (my best job ever), so it directly impacts me, and interests me. The offset was just BS that wouldn't have changed Medicare in any practical manner.