Health Care developments & the 1 key step for tax reform

This Week in Washington: Bringing you the Business of DC
The Takeaway
House
In Session
Senate
In Session
President
D.C.
 

Programming Note: The Takeaway is taking the 4th off next week, and we’ll be back in business when Congress gets back in town the following week.

The Week Ahead for Health Care

Last Thursday, Senate Republicans released a discussion draft of legislation to tackle the growing Obamacare disaster, called the Better Care Reconciliation Act.

Here’s what’s next: This week, the Senate continues to work through differences to secure passage of the health care legislation.

Tuesday afternoon, Majority Leader Mitch McConnell signaled that any votes would take place after the July 4th recess.

🚌 Field Trip: GOP Senators headed up to the White House Tuesday afternoon to powwow with President Trump about a path forward for passing the health care legislation.

What you need to know: Through all of this, we are encouraging the Senate to move forward and ultimately pass this legislation.

🚨 The U.S. Chamber is Key Voting the Better Care Reconciliation Act, because this legislation is vital to restoring choice, flexibility, and innovation to America’s health care markets and growth to our economy. Read the full key vote letter and then encourage your Senator to keep their seat at the table and work towards getting the Better Care legislation passed.

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By acting, the Senate would take the important steps to:

  • Promote real and sustained economic growth by repealing burdensome Obamacare mandates and taxes.
  • Inject greater flexibility and choice for insurance options, especially for individuals and small businesses.
  • Stabilize the imploding Obamacare markets that are hurting families and businesses across the map.

Read more about how the Better Care Act will work to improve America’s health care system and fuel economic growth:

📞 Invitation: Join us to hear from HHS Secretary Tom Price for a live health care update on Thursday at 2 p.m. EDT. Lines are limited, so please sign-up here and we’ll follow-up as space is available.

Important reminder from David Drucker over at the DC Examiner: “Every big bill that passes has a moment(s) where it looks dead. It’s almost a requirement.”

The Takeaway: There’s going to be a lot of ups and downs on the road to successfully passing real health care reform. Republicans need 50 votes from their 52 member majority to get the legislation over the finish line.

Unlocking Tax Reform

The One Step to Get Closer to Tax Reform. This summer, there’s one clear action Congress can take to show they’re serious about taking up and passing tax reform this year.

Pass the 2018 Budget Resolution.

The details: By passing the budget this summer with something called “reconciliation instructions” for tax reform, legislation tackling tax reform only needs a simple majority to pass the Senate and avoids a filibuster.

Ask your elected officials to pass the 2018 Budget and move us closer to real and lasting tax reform this year.

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Speaker Paul Ryan and Vice President Mike Pence have voiced their commitment to passing comprehensive, pro-growth tax reform, and it’s important to remind the rank-and-file Members of Congress that we’re counting on them.

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The Takeaway: No other reforms rise to the importance of pro-growth, comprehensive tax reform.

Comprehensive tax reform can transform America’s underperforming economy into a high performance growth engine, creating jobs, raising wages, and strengthening the global competitiveness of America’s workers and businesses.

The True Spirit of Enterprise

We Mean Business. Linda McMahon, the Small Business Administrator, joined the U.S. Chamber of Commerce for a conversation on Monday about revitalizing the spirit of entrepreneurship in America. Worth a Watch:

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The Court Rests. The Supreme Court ended their spring term on Monday, handing down a number of decisions as they take a break until October. While it was rumored Justice Kennedy was considering announcing his retirement, he’s staying on.

Bring the Energy. As Axios reports, the White House is marking energy week to wrap up June, with the Administration highlighting recent deals to export more U.S. natural gas to places like Poland and India. Read what else is on the docket.

Here at the U.S. Chamber, we just celebrated 10 years of fighting for American energy with the Institute for 21st Century EnergySecretary of the Interior Ryan Zinke joined the occasion, highlighting the Trump administration’s continued fight against the entrenched barriers to energy production.

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File in the “We Warned Them” Department. Seattle, WA, recently passed legislation to increase their minimum wage to an eventual $15 an hour, and it’s now at $13.

But according to a new study, minimum wage workers are already getting $1,500 a year less due to the minimum wage ordinance! Read more in the Washington Post:

“The costs to low-wage workers in Seattle outweighed the benefits by a ratio of three to one, according to the study, […] On the whole, the study estimates, the average low-wage worker in the city lost $125 a month because of the hike in the minimum.” 

Welcome, Modi. President Trump welcomed India’s Prime Minister Narendra Modi to the White House on Monday.

In case you missed it, Prime Minister Modi share his thoughts in the WSJ on the U.S.-India relationship, seeing both countries as “engines of growth and innovation” and a “convergence of interests and values.”

Friends of the U.S. Chamber of Commerce

 

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