Playing Doctor with Americans’ Lives

3Doctors400Republicans, in both the House and the Senate, are currently colluding to gut Healthcare Reform and deny actual healthcare to millions of women across our nation using a process called Reconciliation.  Reconciliation is an expedited budgetary process that offers some procedural advantages: it needs only the support of a simple majority in the Senate, and cannot be filibustered. The bill they intend pass via reconciliation is HR3762, inappropriately named, “Restoring Americans’ Healthcare Freedom Reconciliation Act” … it should be named “Butchering All Hope of Being Able to Afford Effective Healthcare Act.”

This reconciliation bill includes language to repeal key parts of Obamacare: the individual mandate, the employer mandate, the medical device tax and the ‘Cadillac tax.’ There are press posts saying that it will also end the Independent Payment Advisory Board (IPAB), but I can’t find such a provision in the bill.In addition, it would defund Planned Parenthood for one year

Defunding Planned Parenthood for a Year—

Here’s the section which specifically codifies the vilification of Planned Parenthood as a “Prohibited Entity” that just happens to provide “essential” healthcare for millions of women across our nation:

SEC. 202. FEDERAL PAYMENT TO STATES.
(a) In General.—Notwithstanding section 504(a), 1902(a)(23), 2002, 2005(a)(4), 2102(a)(7), or 2105(a)(1) of the Social Security Act (42 U.S.C. 704(a), 1396b(a)(23), 1397a, 1397d(a)(4), 1397bb(a)(2), 1397ee(a)(1)), or the terms of any Medicaid waiver in effect on the date of enactment of this Act that is approved under section 1115 or 1915 of the Social Security Act (42 U.S.C. 1315, 1396n), for the 1-year period beginning on the date of the enactment of this Act no Federal funds may be made available to a State for payments to a prohibited entity, whether made directly to the prohibited entity or through a managed care organization under contract with the State.

(b) Definition Of Prohibited Entity.—In this section, the term “prohibited entity” means an entity, including its affiliates, subsidiaries, successors, and clinics—

(1) that, as of the date of enactment of this Act—

(A) is an organization described in section 501(c)(3) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code;

(B) is an essential community provider described in section 156.235 of title 45, Code of Federal Regulations, that is primarily engaged in family planning services, reproductive health, and related medical care; and

(C) provides for abortions, other than an abortion—

(i) if the pregnancy is the result of an act of rape or incest; or

(ii) in the case where a woman suffers from a physical disorder, physical injury, or physical illness that would, as certified by a physician, place the woman in danger of death unless an abortion is performed, including a life-endangering physical condition caused by or arising from the pregnancy itself; and

(2) for which the total amount of Federal and State expenditures under the Medicaid program under title XIX of the Social Security Act in fiscal year 2014 made directly to the entity and to any affiliates, subsidiaries, successors, or clinics of the entity, or made to the entity and to any affiliates, subsidiaries, successors, or clinics of the entity as part of a nationwide health care provider network, exceeded $350,000,000.

[Emphasis mine]

Please note that the provisions to completely eliminate any funds for Planned Parenthood were proposed and recommended by the Ways and Means Committee currently led by Rep. Paul Ryan, that same Paul Ryan who will is expected to be elected as Speaker of the House next Wednesday — that is, unless the right wing extremists of the Republican Freedom Caucus renege and cast their votes for their beloved Rep. Daniel Webster instead.

Repealing the Individual and Employer Mandates —

Repealing individual mandate provisions are likely to increase, rather than decrease, the number of U.S. residents without health coverage, thus eliminating the progress that has been made in holding people responsible for their healthcare.  If the CBO forecasts are correct, the H.R. 3762 mandate repeal provisions could increase the number of uninsured U.S. residents by 55 percent to 65 percent. But, that’s okay with Republicans because for each person who doesn’t buy health insurance, the government doesn’t have to shell out $760-$815.  But they took it one step further.  To help their corporate benefactors, they also plan on repealing the mandates on employers to provide medical coverage.  Thus, ordinary Americans seeking to access affordable healthcare coverage for themselves and their families are going to rapidly find themselves up the proverbial creak, with no paddle, a leaky boat and no pail with which to bail out their boat.

The house voted on passage of HR3762 on Friday.  The vote was 240-189 with 5 Democrats not voting.  One Democrat (Peterson) voted for passage and ALL THREE of Nevada’s Congressional Republicans voted ‘AYE’ for passage! The bill is now off to the Senate, where it can be considered without a 60-vote cloture requirement (assuming the package passes muster with the Senate “Byrd Rule.”).

The Byrd Rule is a Senate rule that amends the Congressional Budget Act of 1974 to allow Senators, during the Reconciliation Process, to block a piece of legislation if it purports significantly to increase the federal deficit beyond a ten-year term or is otherwise an “extraneous matter” as set forth in the Budget Act.  It is named after West Virginia Senator Robert Byrd.

The Congressional Budget Office (CBO) assessed the effects of HR3762 on long-term deficits and direct spending as follows:

  • Including macroeconomic feedback, CBO and JCT estimate that enacting the legislation would increase net direct spending as well as on-budget deficits by more than $5 billion in one or more of the four consecutive 10-year periods beginning in 2026.
  • Excluding macroeconomic feedback, CBO and JCT estimate that enacting the legislation would not increase net direct spending by more than $5 billion in either of the first two consecutive 10-year periods beginning in 2026; however, the agencies are not able to determine whether enacting the legislation would increase net direct spending by more than $5 billion in the third or fourth 10-year period.
  • Excluding macroeconomic feedback, CBO and JCT estimate that enacting the legislation would increase on-budget deficits by more than $5 billion in one or more of the four consecutive 10-year periods beginning in 2026.

And because enacting the legislation would affect direct spending and revenues, ‘pay-as-you-go procedures‘ apply.

The President is then expected to veto, setting up the need for a veto-override vote in Congress.  In a statement promising Obama’s veto, the White House said the GOP measure “would take away critical benefits and health care coverage from hard-working middle-class families.”

However, a conservative revolt could derail the bill’s progress, as some conservative groups are opposing because the bill leaves some parts of ObamaCare intact


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Hair Force of One

The Mis-Education Of The Republican Party
— by CAP Action War Room

The GOP presidential field needs an education, but for the moment their only teacher is Donald TDebaterump. With President Ronald Reagan’s Air Force One casting a shadow over them, eleven GOP candidates spent three hours debating largely about Donald Trump and failing to address the many key issues facing working families. On education, raising wages, and health care, the GOP candidates said close to nothing, instead doubling down on attacks on immigrants, women’s health, working families, and the Iran nuclear deal. Over three grueling hours of television, the Republican candidates mentioned “middle class” just three times, “health care” twice, and “students” just once.

What the GOP Candidates Failed to Mention:

Ensuring Access to an Affordable, Quality Education. Families are finding it harder and harder to access an affordable, quality education. Between 2000 and 2011, the cost of higher education grew three times faster than overall inflation and students are being saddled with debt. However, the Republican candidates were silent on whether they would support measures such as allowing Americans to refinance their student loans and restoring public investment in education. Not only did Republicans ignore the plight of students seeking a higher education, they also ignored the needs of our youngest learners. High-quality public preschool programs range from $6,500 to $11,000 across the country—putting them out of reach for many families. But on solutions like providing universal pre-school, the Republicans were mum.
Raising Wages for Working Families. Higher wages are what working families need most. Instead of seeing their incomes improve, middle class households saw their incomes fall 2 percent between 2000 and 2011. However, the Republican presidential contenders overwhelmingly failed to offer, or support, real solutions that would improve incomes for families, such as raising the minimum wage or reforming overtime rules.

A Plan to Improve Access to Health Care. On a day when new data became available showing that the number of Americans lacking health insurance dropped by more than eight million people in 2014, Republicans once again attacked the Affordable Care Act (ACA) but offered no alternatives. Before the implementation of the ACA, health care costs were skyrocketing. From 2002 to 2012, health care costs paid by a family of four with an average employer-sponsored PPO plan rose by 85 percent. The ACA, however, has helped control rising health care costs. At the same time, the ACA has improved access to health care. Overall, 15.8 million people have gained coverage since the ACA’s marketplaces opened. Republicans, however, have offered no ideas on how to keep improving upon the successes of the ACA, instead continuing to call for repealing the ACA.

What the GOP Candidates Did Say:

Follow Trump’s Lead on Immigration. Trump’s extreme rhetoric on immigration is often credited with putting immigration right at the center of the GOP presidential primary. But at the debate on Wednesday night, several Republican candidates went out of their way to show that they stand with Trump on his extreme positions.

  • Trump doubled down on his claim that birthright citizenship isn’t settled in the Constitution, saying, “Well, first of all, the — the 14th Amendment says very, very clearly to a lot of great legal scholars — not television scholars, but legal scholars — that it is wrong.” Trump wasn’t alone–Rand Paul, the author of a constitutional amendment to repeal birthright citizenship, restated his support for ending it.
  • Trump again raised his plan to build a wall between the United States and Mexico to deter illegal immigration, even though the border is more secure than ever. The other GOP candidates, however, raced to outdo Trump: Chris Christie jumped at the opportunity to say that he would push to establish “more than just a wall,” pledging “electronics” and “drones,” while Ben Carson said he would turn off the “spigot that dispenses all the goodies so we don’t have people coming in here.”

Defund Planned Parenthood. During the debate, the GOP candidates spent much of their air time attacking women’s health. In rushing to declare that they support defunding Planned Parenthood, they ignored the fact that Planned Parenthood provides critical health care services for millions of women.

  • Jeb Bush believes “that Planned Parenthood should[n’t] get a penny from the federal government.” This is not a surprising statement from a man who previously said he was “not sure we need a half billion for women’s health issues.” However, Planned Parenthood helps millions of women—in 2013 alone it served more than 2.7 million patients and provided 10.6 million services, including the treatment of chronic diseases and authorization for hospital care.
  • Ted Cruz called Planned Parenthood a “criminal enterprise” and says he’s “proud to stand for life.” But 90 percent of Planned Parenthood’s activity is preventive care. Defunding Planned Parenthood would limit women’s access to lifesaving cancer screenings, birth control, and more.

Give Tax Breaks to the Wealthy Few. Several GOP candidates talked about their tax plans and records on taxes at the debate, but their rhetoric was the same rehash of tired Republican talking points: cut taxes on the wealthy to boost the economy. That didn’t work before, and it won’t work again.

  • Bush promoted the $19 billion in tax cuts he pushed as Governor of Florida, but analysis of his time in Florida show that he catered his tax cuts to the wealthy. What’s more, Bush’s tax plan, just released last week, would be a massive giveaway to the wealthiest Americans, would blow a hole in the deficit, and give Bush a personal tax savings of $774,000.
  • Walker claimed that under his watch, Wisconsin passed $4.7 billion in tax cuts “to help working families, family farmers, small business owners and senior citizens,” but the richest 20 percent reaped a full half of the benefits of his income tax package — all while Wisconsin ranked 44th in the country in middle class income growth under Walker.
  • John Kasich boasted about having the “largest amount tax cuts of any sitting governor,” but he neglected to mention that his so-called “tax cuts” benefited wealthy Ohioans. Under Kasich’s tax proposals, the average tax bill went up for the bottom 60 percent of taxpayers, while the top one percent of taxpayers saw an average tax cut of nearly $12k.

Tear Up the Iran Deal. Last night, many of the GOP candidates offered much of the same, similar-sounding bluster we have heard on the campaign trail: tear up the Iran deal on “day one.” Their empty rhetoric presented no real leadership, just more partisan attacks on a tough-minded deal.

  • Cruz claimed that the Iran deal “will only accelerate Iran’s acquiring nuclear weapons.” He continued to say that if elected, he would “rip to shreds this catastrophic Iranian nuclear deal.” Far from being a bad deal, the agreement cuts off all pathways to an Iranian nuclear weapon and is verifiable through rigorous international inspections of Iran’s nuclear supply chain and facilities. This accord proves that American diplomacy — and not war — can bring meaningful change to make our homeland and the world safer and more secure.
  • Walker casually remarked, “I’d love to play cards with this guy because Barack Obama folds on everything with Iran.” That is simply not true. The Iran deal is the result of years of tough-minded American diplomacy and a comprehensive strategy. The deal is backed by our partners and allies across the world, but conservative GOP candidates are putting politics over patriotism.

BOTTOM LINE: The eleven GOP candidates had an opportunity last night to offer real solutions to the key issues they face. But on education, working families, and health care, the GOP candidates came up empty. Instead, they spent their stage time fighting with each other and catering to the most extreme wing of the Republican Party. What we need are real leaders ready to tackle the problems facing working families, not panderers who are alienating entire communities of Americans.


This material [the article above] was created by the Center for American Progress Action Fund. It was created for the Progress Report, the daily e-mail publication of the Center for American Progress Action Fund. Click here to subscribe.


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Elections Have Consequences—The 2015 Republican Agenda

—by Rich Dunn, RNDC 2nd Vice Chairman

According to press reports, a week after the election key GOP legislators and party officials set up an ad hoc committee to begin drafting an agenda for Nevada’s 2015 legislative session. Below are a couple of dozen ideas they’ve come up with so far. If you’re one of the Democrats who voted to stay home instead of casting a ballot in the general election, here’s what you voted for:

  1. Disenfranchise all voters without photo ID’s.
  2. Repeal the Modified Business Tax, the 1.17% payroll tax that only applies to businesses with more than $62,500 in quarterly wages.
  3. Institute a school voucher program to transfer public school funding to private schools, eliminate teacher seniority rights, play teachers off against each other for bonuses, and deregulate charter schools.
  4. Allow a one-third minority to veto ballot tax measures, just as they can now in the legislature.
  5. Allow concealed firearms on school and college campuses.
  6. Nullify all local gun control laws.
  7. Demand that federal lands be “ceded back” to the state. It should be noted that Nevada never owned any of the federal lands within Nevada’s borders, and acceptance of federal jurisdiction was put into the state constitution as a condition of admission. Besides, the State of Nevada doesn’t have the money needed to manage these lands, so any cession of federal lands to the state could only mean selling them off to private interests. That wouldn’t go down very well with ranchers, who currently graze their cattle on BLM- and Forest Service-managed ranges for almost nothing.
  8. Eviscerate construction defect and product defect laws.
  9. Transfer the cost of Medicaid expansion from the government to the beneficiaries.
  10. Require proof of insurance for issuance of driver privilege cards.
  11. Restrict EBT card use “at bars, strip clubs and brothels.” This item reveals the GOP’s ignorance of existing law. The DWSS website says that EBT cards cannot be used for “any non-food item, such as pet foods, soaps, paper products, household supplies, grooming items, toothpaste and cosmetics; alcoholic beverages and tobacco; vitamins and medicines; any food that will be eaten in the store; hot foods that are ready to eat; or any food marketed to be heated in the store.” It’s safe to say that these cards are not being used at bars, strip clubs or brothels, but low-information voters who listen to Republican bloviations will no doubt believe they are.
  12. Restrict Millennium Scholarships to citizens and documented aliens (dream on, dreamers).
  13. Repeal the 2013 session’s energy bill (SB123), which closed the Moapa coal-fired power plant and provided ratepayer subsidies to NV Energy for investment in renewables and natural gas.
  14. Repeal the state’s “hate crime” law (NRS 193.1675) that provides enhanced penalties for crimes targeting victims because of their race, sexual orientation, religion, color, national origin, gender identity or physical or mental disability.
  15. Enact recommendations of Gov. Gibbons’ SAGE Commission, which among other things called for reducing health and retirement benefits for state employees, closing rural prisons, privatizing urban prisons, and outsourcing highway maintenance.
  16. Convert the Public Employee Retirement System (PERS) from a defined benefit plan to a defined contribution plan, a change that will limit employees’ ability to cash out when they exit government service.
  17. Eliminate “prevailing wage” requirements for public works and school construction to depress construction wages and put union contractors at a competitive disadvantage.
  18. Resurrect the Yucca Mountain nuclear waste dump project.
  19. Further weaken collective bargaining rights for public sector employees.
  20. Repeal the state minimum wage.
  21. Put limits on the pay of constitutional officers and their chiefs of staff.
  22. Subject confidential public employee union contract negotiations to the Open Meeting Law.
  23. Repeal Common Core education standards.
  24. Further deregulate home schooling.

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Obamacare Reality Check

— submitted by Rich Dunn, RNDC 2nd Vice Chair

If you’re asked about Obamacare, use it as an opportunity to show how much difference progressive change can make. Open enrollment began one year ago, on October 1st, 2013. The websites had a rocky rollout, but 10.3 million Americans who had no health insurance a year ago now have coverage. Competition has increased – there are now 25% more insurance companies offering policies in the health insurance market. United Healthcare, the market leader, will be offering policies on 25 state exchanges in 2015, double the number in 2014. The system was designed to foster competition, and that is exactly what is starting to happen.

According to the Republicans, the ACA was going to be a government takeover of heathcare. But you wouldn’t know that from how private sector insurers have been doing on the stock market. United Healthcare’s stock is up 16%, Humana’s is up 34%, Aetna’s 22%, Cigna’s 13% and Wellpoint’s a whopping 37%. Some government takeover that turned out to be.

On top of that, 8.2 million seniors have saved over $11.5 billion, money that went right back into the economy. Republicans predicted that Obamacare would send costs through the roof, but between 2010 and 2013 health care costs have only risen at an annual rate of 1.1%, which is the slowest rate of increase of any three year period on record and below the overall rate of inflation.

Hospitals are expected to save $5.7 billion dollars this year alone in uncompensated health care costs. Republicans kept saying that all people without insurance had to do was go to the emergency room, but as usual they never mentioned who was supposed to pick up the tab – the hospital, of course. Thanks to Obamacare, that’s now far less of a problem. Most of that $5.7 billion in hospital savings happened in states like Nevada that opted to expand Medicaid. The 23 Republican states that refused Medicaid expansion are seeing a wave of hospital mergers and closures thanks to the rising cost of uncompensated care.

The next open enrollment period begins on November the 15th, and even though there may be more website glitches, it is bound to go a lot smoother this time around. You may have noticed that the Republicans have stopped talking about repealing Obamacare after more than 50 attempts, and that’s because it’s working. It doesn’t solve the long term cost problem – only healthier lifestyles can do that – but at least fewer Americans will be at needless risk because they can’t afford to see a doctor when they get sick.

And don’t forget that insurance companies can no longer drop you from coverage because you get sick. They can no longer refuse to sell you coverage because of a pre-existing condition. Women can now get free breast cancer screening. The “donut hole” for senior meds is being closed. Children can now stay on their parents’ policies to the age of 26. We’ve also seen the end of lifetime limits to insurance reimbursements.

The rate of uninsured Americans has already dropped from 21% to 16%, which is pretty impressive progress considering the level of Republican obstruction at all levels of government. Had that obstruction not occurred, we would now have more like 20 million newly insured Americans instead of just 10.3 million.

Our friend Mark Amodei supported every single attempt to repeal or delay the implementation of the Affordable Care Act, something voters can’t be reminded of too often. Amodei has been part of the problem from day one, and it’s a little late for him to strike a pose as a bipartisan pragmatist who stays above the fray. It’s time for him to go!

If This is What it Means to be “Conservative” — I’m Proudly a Bleeding Heart Liberal

Clearly, members of the GOP in the House are all about looking for ways to handicap ANY organization tasked with performing regulatory actions that might impede their ideological plans for the future of the United States of Republica.  A case in point is this recent  press release from Representative Amodei’s office.  My comments are in blue italics at various points throughout his release.  Some original text has been highlight in RED for emphasis.

Amodei: Appropriations Financial Services bill reins in IRS, ACA and Dodd Frank

Wednesday June 18, 2014

FOR IMMEDIATE RELEASE                                 Contact:    Brian Baluta, 202-225-6155

WASHINGTON, D.C. – The House Financial Services and General Government Appropriations Subcommittee today passed its fiscal year 2015 bill, which would provide annual funding for the Treasury Department, the Judiciary, the Small Business Administration, the Securities and Exchange Commission and several other agencies.

The bill totals $21.3 billion in funding for these agencies, which is $566 million below the fiscal year 2014 enacted level and $2.3 billion below the president’s request for these programs.The legislation prioritizes programs critical to enforcing laws, maintaining an effective judiciary system and helping small businesses, while targeting lower-priority or poor-performing programs – such as the Internal Revenue Service – for reductions.

Well now, that makes just a ton of sense.  IRS is tasked with collecting revenue necessary for the operation of various government operations … so let’s under fund them so we can then make a scapegoat of them when they can no longer effectively perform their regulatory and tax-collecting functions.

“Every day, I am asked, ‘Why don’t you do something?’ This bill ‘does something’ by removing funding from executive agencies that have become political tools of the administration,” said Amodei.   

Bill highlights:

Internal Revenue Service (IRS)– Included in the bill is $10.95 billion for the IRS – a cut of $341 million below the fiscal year 2014 enacted level and $1.5 billion below the President’s budget request. This will bring the agency’s budget below the sequester level and below the level that was in place in fiscal year 2008. This funding level is sufficient for the IRS to perform its core duties, including taxpayer services and the proper collection of funds, but will require the agency to streamline and make better use of its budget.

Interesting! They continually carp about the IRS not providing for an EMAIL BACKUP strategy as part of their business plan. Server BACKUPs are NOT FREE!  How much more will they stop BACKING UP because they no longer have sufficient funding to do their tax collection duties, let alone ancillary functions like BACKUPS, SYSTEM UPDATES, SOFTWARE IMPROVEMENTS, etc.?

In addition, due to the inappropriate actions by the IRS in targeting groups that hold certain political beliefs, as well as its previous improper use of taxpayer funds, the bill includes the following provisions:

Here we go again, perpetuating the falsehood that ONLY right-wing political groups were scrutinized, when it was actually liberal groups that were denied with some that had already been given tax-exempt status seeing that status revoked (e.g., EmergeAmerica affiliated groups).  NO politically-focused groups should be receiving TAX-EXEMPT 501(c)(4) status, PERIOD!

A prohibition on a proposed regulation related to political activities and the tax-exempt status of 501(c)(4) organizations. The proposed regulation could jeopardize the tax-exempt status of many non-profit organizations and inhibit citizens from exercising their right to freedom of speech, simply because they may be involved in political activity.

Sorry, but I don’t get to deduct my “freedom of speech” contributions to political endeavors.  Thus, NO politically-focused organizations should be able to have a free of tax right to free speech at the American Taxpayer’s expense!

A prohibition on funds for bonuses or awards unless employee conduct and tax compliance are given consideration.

A prohibition on funds for the IRS to target groups for regulatory scrutiny based on their ideological beliefs.

Congress passed a law that clearly states that to be considered 501(c)(4) organization, your activities must be EXCLUSIVELY-FOCUSED on “Social Welfare” activities.  Politically-focused activities are NOT social-welfare activities and thus, it IS the IRS’s responsibility to scrutinize and deny tax-exempt status to ANY organization (conservative, liberal or otherwise) not meeting that exclusivity provision.

A prohibition on funds for the IRS to target individuals for exercising their First Amendment rights.

More BS related to the previous proviso — the IRS is NOT prohibiting ANYONE from exercising their free speech.  The IRS is merely and rightfully determining whether a group is a group exclusively devoted to providing SOCIAL-WELFARE opportunities/activities and thus, whether that group is entitled to TAX-EXEMPT status!

A prohibition on funding for the production of inappropriate videos and conferences.

Really?  Oh, please, pray tell, what “inappropriate videos” might it be that the IRS is producing?

A prohibition on funding for the White House to order the IRS to determine the tax-exempt status of an organization.

Again, if you want to allow any organization wanting to conduct EXCLUSIVELY politically focused activities to never have to pay taxes, well then, you need to REPEAL the law that PROHIBITS them from being tax exempt!  You cannot have a LAW on the books that says one thing and then prohibit the IRS, which is responsible for administering that section of the law, from enforcing it!

A requirement for extensive reporting on IRS spending.

Affordable Care Act (ACA) –The bill also includes provisions to stop the IRS from further implementing ObamaCare, including a prohibition on any transfers of funding from the Department of Health and Human Services to the IRS for ObamaCare uses, and a prohibition on funding for the IRS to implement an individual insurance mandate on the American people.

Well, let’s see.  We elected President Obama and a Democratic Congress to get health care reform. Then, the Republican propaganda machine bought a Republican House.  Despite their efforts to gerry-rig the system, we still re-elected President Obama. Health care reform is one of the hardest things we’ve ever worked on. But no matter, they just keep trying to either LIE ABOUT REPEAL or DEFUND access to healthcare for the American People despite its need or popularity.

Securities and Exchange Commission (SEC)– Included in the bill is $1.4 billion for the Securities and Exchange Commission (SEC), which is $50 million above the fiscal year 2014 enacted level and $300 million below the President’s budget request. The increase in funds is targeted specifically toward critical information technology initiatives. The legislation also includes a prohibition on the SEC spending any money out of its “reserve fund” – essentially a slush fund for the SEC to use without any congressional oversight.

In addition, the legislation contains requirements for the Administration to report to Congress on the cost and regulatory burdens of the Dodd-Frank Act, and a prohibition on funding to require political donation information in SEC filings.

My my, lookie here — looks like an increase in funding.  But wait, isn’t this the organization that’s supposed to regulate Wall Street?  It’s a shame that the increase in funding is just for a bit of information technology so they can determine how their GOP-Donor base is affected by any sort of regulation.  It’s also despicable that they’ve included a proviso that PROHIBITS any reporting of information as to Corporate political donations.  If you and I donate, our freedom of speech is broadcast for all to see … but the Republican Donor-base has a special privileged secreted freedom of speech.  Apparently the Republicans believe their Donors are free to speak with their Dollars, but the general American public is underserving of being able to speak with their dollars in response.

Consumer Financial Protection Bureau (CFPB)– The bill includes a provision to change the funding source for the CFPB from the Federal Reserve to the congressional appropriations process, starting in fiscal year 2016. Currently, funding for this agency is provided by mandatory spending and is not subject to annual congressional review. This change will allow for increased accountability and transparency of the agency’s activities and use of tax dollars. The legislation also requires extensive reporting on CFPB activities.

The Republicans have done EVERYTHING conceivably possible to handicap, repeal, defund and decapitate the Consumer Financial Protection Bureau (CFPB).  This is yet their latest attempt to defund and cripple any and all Consumer financial protection at the behest of their Donor-base.