re: #1 Lumberhead

I’m not buying it.
No new money for ACA. No new money for the IRS and the Centers for Medicare and Medicaid Services, the two agencies which are most responsible for implementing the law. The budget of the Independent Payment Advisory Board is cut.

Banks can now trade derivatives with FDIC-insured funds. Heads, they win. Tails, we lose. Does anyone think that the TBTF banks will be more cautious now that their losses in derivatives trading will be made good by the FDIC?

The amount that an individual donor can give to a political party is raised from $32,400 to $324,000. That’s a tenfold increase. So much for campaign reform.

Further cuts to the EPA budget. Funding for the EPA has been cut a total of 21% since 2010.

A $345.6 million dollar cut to the budget of the IRS even though it’s been documented that the IRS brings in seven dollars in revenue for every dollar spent on enforcement.

If this bill is a win I’d hate like hell to see what losing looks like.