December 13, 2006

A TYPICAL DAY FOR THE GOP MAJORITY (via Kevin Whited):

Their Final Blow: Believe it or not, Congress leaves on a high note (Opinion Journal, December 13, 2006)

Few things became the 109th Congress so much as its departure. After two years of missed opportunities and scandal, the Members were finally able to leave Washington on the weekend having made a few notable last-minute accomplishments. [...]

Another welcome surprise came courtesy of Ways and Means Chairman Bill Thomas, who pushed through some new inducements for Health Savings Accounts. HSAs combine a tax-free, high-deductible insurance policy with a tax-free savings account to pay for smaller expenses. These plans are a crucial component of more market-driven health care, giving individuals more choice and control over health decisions.

The bill lifts the current cap on annual contributions--which had been limited to an owner's insurance deductible--to $2,850 for individuals in 2007, $5,650 for families. It also allows workers who start an HSA midway through the year to contribute the full yearly amount, and it gives companies the right to make bigger contributions for their lower-paid employees. All of this will allow consumers to start building up balances in their early working years, money that will come in handy as they age and health expenses multiply.

The bill also allows workers or retirees to transfer money from Individual Retirement Accounts to their HSAs. The shame is that Republicans didn't do much more health reform while they were in the majority, and they'll now have to watch closely so Democrats don't dismantle even their modest efforts next year.


Were they not at the epicenter of the Stupid Party the editorialists might have figured out that it was the GOP Congress they so despised that passed those "crucial" HSAs in the Medicare Reform to begin with.

Posted by Orrin Judd at December 13, 2006 10:22 AM
Comments

A little harsh here OJ.

These editorialists generally support your immigration ideas.

Their beef with the Medicare act is that it was too much. The argument is that we could have had the HSAs with out the give-aways.

Rather than attack editorialists, it makes more sense to attack the party for its failure to communicate its successes.

The fault for the Dem sweep lays squarely at the feet of the moribund President, who failed to sense the depth fo his problems, and a fatuous party leadership too busy with their inside deals and schemes to see the obvious.

Posted by: Bruno at December 13, 2006 1:35 PM
« EXCEPT THAT HISTORY ISN'T THE "FACTS", IT'S THE NARRATIVE: | Main | AS THEY STAND UP...: »