Posted: 06/19/15 11:16
by Dave Mindeman
The Medical Device Tax repeal passed the House (again), and Erik "Mr. Fiscal Responsibility" Paulsen says.....
Regardless, at least for today, Paulsen was all smiles. The pay-for "wasn't a hang-up in the House and it won't be a hang-up in the Senate whatsoever," he said.
By "pay-for", Paulsen is referring to a revenue offset for the loss of tax dollars that would happen if the Device Tax is repealed. Paulsen has NEVER offered any kind of offset....never. As it moves into the Senate, the new Republican controlled Senate, Paulsen expects, even hopes, that that deficit hole continues.
That seems to be the new definition of Republican fiscal policy.
Of course, the GOP hopes that the Supreme Court shuts down Obamacare.. although a number of GOPers are starting to realize that if Obamacare goes away, they have to figure out the aftermath. With control of both the House and the Senate, they will be held responsible for all of those people who will lose their health insurance.
But in Paulsen world, none of that matters. His corporate sugar daddies have one focus - the Device Tax. Therefore, Paulsen has one focus. The same thing. Why worry about budgets and offsets and replacement money.
That's for people who care about balanced budgets and paying for things.
Rep. Erik Paulsen doesn't do that.