Why Republicans Should Fund Obamacare
NEW YORK ( TheStreet) -- Factions within the GOP want to defund the Affordable Care Act, better known as Obamacare, and in the process they're dividing and weakening the GOP, especially the leadership.
How can GOP elected officials make such an obvious miscalculation that has a massive downside and almost zero upside?
Does anyone think that a piece of legislation that doesn't fund the ACA will make it through the Senate?
Even if the Senate did somehow pass it, and it landed on Obama's desk, it would receive the fastest veto on record. You know it, I know it, and certainly the GOP calling for the removal of funding knows it.So why is it happening, and why is taxpayer money wasted on the issue? I have a theory, and it includes guns, chess and beer. This legislation is already on its way. In fact, parts of the law have already been implanted for a while now. Tanning salons pay higher taxes, and many young adults remain on their parents' insurance long after they otherwise would have left. For the government, so far so good. It legislated benefits without spending much of its own money. The next step of ACA is where the boots hit the ground: subsidies, penalties, and enough regulations to make any bureaucrat happy for a lifetime. Sure, the whole thing doesn't pass the smell test, but why would Republicans want to step between the public and the Democrat-owned ACA? Why give Democrats an out and the ability to say, "It would have worked great if only for the Republicans not giving it a chance." It's just utterly stupid to slow down what everyone that understands economics already knows: It's doomed to fail (at least in current form). In this particular case, the Republicans remind me when I was about 7 or 8 years old and visited my grandparents. It was during the holidays, and like many grandfathers in Wisconsin, mine was enjoying a beer. I watched him and decided that I truly wanted to have a beer, too. My grandfather was my hero, so it's not a surprise I wanted to be like him, and after I gathered enough courage, I asked whether I could have one too.
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