Virtually overnight, news outlets exploded claiming the GOP’s budget resolution was “the first step towards repealing Obamacare.” Or, they mislead readers by calling it an “Obamacare repeal resolution.”
— Reuters Top News (@Reuters) January 3, 2017
But as Lawrence O’Donnell of MSNBC sharply pointed out, in all of its 55 pages the introduced budget resolution does not mention Obamacare once.
‘And today, was day one of dealing with the reality of that promise, and it was a very bad day for Republicans…It could not have been more of a disaster.’
If the media were more accurate, it would portray the upcoming budget resolution and the promise to repeal Obamacare as an anvil hanging over the heads of Republicans. They’re desperately scrambling to reconcile Donald Trump’s campaign promises with their party’s core “small government” values and pledge to reduce federal debt at all costs.
This is likely the first time Republicans have really had to sit down and do the math. The result is something which will likely haunt them forever. Their budget resolution is an admission that spells complete fiscal and political destruction. This is supposed to be a 10-year fiscal budget plan with Obamacare repealed.
The key numbers outlined in this text are as follows:
- Federal revenue (2017): 2,682,088,000,000
- Federal spending (2017): 3,308,000,000,000
- Existing deficit: 19,000,000,000
- 2026 deficit: 29,000,000,000
Ok, so before we go any further…with some very basic math skills we can see that Republicans are admitting with this budget resolution that not only will the Donald not be delivering on reducing or maintaining the debt ceiling, he will be increasing it.
Not by some marginal amount, either. In this budget resolution, the Republicans have come forward and acknowledged and committed to increasing the national deficit by a trillion dollars every year, so much so that 10 years from now (2026) the deficit will be 29 trillion dollars.
Not only that, but members of the Republican party are being asked to vote in support of this increase in the national deficit, which is fundamentally in opposition to what their party stands for.
As O’Donnell points out:
“Is anyone going to hate that more than Donald Trump?!”
Donald Trump made it his mission to slam the increases to the national deficit under Obama at virtually every opportunity. However, March 16th at 12:01 a.m. is when the crushing weight of reality will drop on Donald Trump and the GOP. On that day, his 55th day in office, he will be forced to sign a budget resolution to increase the national debt ceiling, which will likely contain no provisions for repeal.
Despite some reports to the contrary, it is widely acknowledged that the repeal of Obamacare will take quite some time to happen, or even figure out how they can make it happen.
They first have to construct a reconciliation bill to make sense of the absolute mess put forth in this budget resolution, and O’Donnell proclaims that:
“They don’t yet know how to deliver a reconciliation bill (which) delivers on promises outlined in the budget resolution, because they never have. They passed a functionally fake reconciliation bill in 2016… O’Connell has never done, most (of the Republicans) have never seen it done, (and) when done right, will take most of the year (to do), and EVERY minute they are trying to repeal Obamacare and institute those tax cuts (promised by Trump) they will be subject to the political liability that is revealed HERE (in the budget resolution; in print).”
I don’t know about all of you.. but I’m setting an alarm and blocking off March 16th on my calendar, forgetting about all of the St. Patrick’s day festivities to watch Donald come unhinged on his 55th day in office…and sweat through what will undoubtedly be the first major crisis of his presidency.
Featured image via Getty/Don Emmert