Paygo

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Bob78164
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Paygo

#1 Post by Bob78164 » Fri Dec 22, 2017 3:34 pm

I had read that Donny was going to wait until January to sign the new tax bill to avoid triggering automatic PAYGO cuts in popular programs such as Medicare. Now I see that he signed the bill today. Was this handled in the continuing resolution or are cuts in these programs imminent? --Bob
"Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear." Thomas Jefferson

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Re: Paygo

#2 Post by Beebs52 » Fri Dec 22, 2017 4:43 pm

Does this have anything to do with the 700 million moved around for the ACA during Obama's admin?
Well, then

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Re: Paygo

#3 Post by Bob78164 » Fri Dec 22, 2017 4:59 pm

Beebs52 wrote:Does this have anything to do with the 700 million moved around for the ACA during Obama's admin?
No. For starters one of the issues is 25 billion in immediate cuts to Medicare. Other cuts would be even more drastic. --Bob
"Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear." Thomas Jefferson

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Re: Paygo

#4 Post by Beebs52 » Fri Dec 22, 2017 5:04 pm

Okay. I'll wait to see what happens because I don't trust your factoid history. Nothing personal, well, maybe.
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Re: Paygo

#5 Post by Bob78164 » Fri Dec 22, 2017 5:08 pm

Beebs52 wrote:Okay. I'll wait to see what happens because I don't trust your factoid history. Nothing personal, well, maybe.
It was all over the news. Donny was originally going to wait until after January 1 to sign the bill to avoid triggering PAYGO cuts in 2018. The news is now reporting that he signed it today but I haven't found anything explaining either that PAYGO was waived (presumably in the continuing resolution that kept the government open for three weeks) or that Donny's signature on the bill triggered it, so I don't know what's going on.

Don't rely on me. Look it up yourself. --Bob
"Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear." Thomas Jefferson

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Re: Paygo

#6 Post by Beebs52 » Fri Dec 22, 2017 5:13 pm

Doesn't look like much will change based on what I read.
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Re: Paygo

#7 Post by Bob78164 » Fri Dec 22, 2017 6:14 pm

Beebs52 wrote:Doesn't look like much will change based on what I read.
Because the continuing resolution waived PAYGO? My concern is that all of the news stories I located on this issue were written yesterday, before anyone knew that Donny was signing the bill today instead of waiting until next year. --Bob
"Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear." Thomas Jefferson

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Re: Paygo

#8 Post by Beebs52 » Fri Dec 22, 2017 6:26 pm

Bob78164 wrote:
Beebs52 wrote:Doesn't look like much will change based on what I read.
Because the continuing resolution waived PAYGO? My concern is that all of the news stories I located on this issue were written yesterday, before anyone knew that Donny was signing the bill today instead of waiting until next year. --Bob
Whatev Bobby
Well, then

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Re: Paygo

#9 Post by Beebs52 » Fri Dec 22, 2017 6:36 pm

And, fwiw, I'm according you less respect than I did for YOUR president.
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Re: Paygo

#10 Post by Bob78164 » Fri Dec 22, 2017 7:23 pm

Beebs52 wrote:
Bob78164 wrote:
Beebs52 wrote:Doesn't look like much will change based on what I read.
Because the continuing resolution waived PAYGO? My concern is that all of the news stories I located on this issue were written yesterday, before anyone knew that Donny was signing the bill today instead of waiting until next year. --Bob
Whatev Bobby
I think you're misunderstanding me. I'm not saying you're wrong. I'm saying I can't find anything on the Internet discussing the issue in light of Donny's decision to sign the bill today instead of waiting until January. I suspect that silence means that the continuing resolution waived PAYGO, but I think an awful lot of people on Medicare would like to know that for sure.

So what I'm asking is whether you were able to find something current on the issue that I haven't been able to find yet. --Bob
"Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear." Thomas Jefferson

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Re: Paygo

#11 Post by Bob Juch » Fri Dec 22, 2017 10:57 pm

According to the CBO, if the tax bill is signed into law in 2017, a $25 billion offsetting cut to Medicare in 2018 would result. The rest of the $150 billion in cuts would come from things like border security and farm subsidies.
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Re: Paygo

#12 Post by Bob78164 » Sat Dec 23, 2017 1:10 pm

Here's the text of the continuing resolution. The last section of the bill waived PAYGO. --Bob
"Question with boldness even the existence of a God; because, if there be one, he must more approve of the homage of reason than that of blindfolded fear." Thomas Jefferson

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