In the world of politics, it often seems like there’s an endless tug-of-war between the Senate and the House. But then, aren’t they really just the greatest show on Earth? South Dakota Republican, Mike Rounds, thinks he’s got a handle on this latest act in the circus. He’s optimistic about the Senate passing a crucial bill, one that’s destined to keep American taxpayers from facing an automatic tax increase at the year’s end. He believes that despite some grumbling in the House over changes made by the Senate, a collaborative spirit will prevail, and they’ll deliver the bill to the President on time. After all, who doesn’t want to be the hero that saves the day? Especially when it means avoiding an automatic tax hike.
Rounds touts the bill as not only preventing impending financial doom for families but also as a strategic maneuver to stimulate the economy for the next decade. This legislation, while not perfect and containing bits that some might gnash their teeth over, is, in his eyes, a better deal for America. In the grand picture, Rounds believes it brings more benefits than drawbacks. Of course, Democrats have tossed their criticisms into the ring, claiming this bill could see people pushed off Medicaid. But, in Rounds’ world, this bill is more about encouraging the able-bodied to join the workforce.
In a nod to common sense, Rounds explains that the aim isn’t to hurt people who genuinely need help. It’s merely asking able-bodied adults without young kids to contribute to society by getting a job. In this way, they can keep their Medicaid benefits while still being productive citizens. And let’s face it, American taxpayers generally feel Medicaid should support those working hard but not making quite enough. The bill also plans to address the contentious issue of individuals here illegally enjoying taxpayer-funded benefits. Seems like a reasonable cut to many.
Beyond these headlines, the legislation is also tackling some sneaky fiscal gymnastics performed by states within the Medicaid system. Some states have found loopholes, taxing the federal government and keeping parts of the funds for other uses. Rounds makes it evident that these games need to stop, particularly when the country is $37 trillion in debt. The Senate is chewing over how to implement changes fairly, but time’s tickin’ and federal taxpayers are tapping their feet.
And of course, no political spectacle is complete without the eternal battle cries about the deficit. Interestingly enough, Rounds isn’t fretting the way some folks in the ivory towers are. His optimism covers a mighty broad umbrella. He contends that the bill, far from raising the deficit, is going to save $1.6 trillion in expenditures over the decade and boost economic activity, increasing revenue by close to $4 trillion. There’s also talk of continuing child tax credits, which Rounds and company argue is the way to support American families without hiking taxes on hard-working citizens. Because let’s be honest, there’s nothing like keeping more of your own money to make you feel like you’ve been given a solid pat on the back.
