Everybody knew the GOP tax scam passed last December was not needed. The economy was doing just fine and didn’t need a stimulus. The government deficits were already too large, and the U.S. needed more revenue, not less revenue from taxes. And certainly the super-rich beneficiaries of the tax cut bill didn’t need any more money. The concentration of wealth among the super-rich has never been greater in this country. The rich were already getting richer, and didn’t need any more help from the government to feather their nests.
The Obamacare fixes that were promised to Senator Susan Collins in exchange for her support of the Republican tax bill in December appear to be in serious trouble.
Earlier this week Republicans in Congress released their plan to stabilize healthcare exchanges under Obamacare (also known as the Affordable Care Act or the ACA).
What's obvious is that Republicans don't truly care about the deficit – they never have. Instead, they use it as a political football to get some cable news coverage or boost their poll numbers in an election year.
A government shutdown may work well for Republicans going into a general election - two years ago their 16-day shutdown paid huge dividends
Sen. Al Franken (D-MN) issued the following statement condemning the gutting of campaign finance reform and putting taxpayers on the hook for another Wall Street bailout.