The Ultimate Enforcement Guarantee

Posted on July 22, 2011. Filed under: Uncategorized | Tags: , , , , , , , , , , |

For more information contact TurnerGPA at 202-466-2511

Boehner and Obama are discussing trigger mechanisms that would threaten each party with the loss of their most cherished priority if Congress fails to achieve specified deadlines and savings in their $3.7 trillion deal.

Obama is pushing for inclusion of an automatic tax increase for persons with annual incomes over $250,000 as the penalty for Congressional failure to adhere to timelines and spending cut targets. Boehner is pushing for simultaneous repeal of critical portions of the health reform law – including the individual mandate – if such automatic tax increases are triggered.

These enforcement mechanisms reflect the conviction of both Obama and Boehner that only draconian consequences can force Members of Congress to work together sufficiently to achieve real debt reduction.

Key questions at this juncture are what smaller amount of new revenue might Obama and the Democrats accept, and what amount of Medicare savings and reform will be withdrawn in return?

The President has offered to increase the Medicare eligibility age to 67, and greatly increase the number of seniors subject to higher Medicare Part B premiums through means testing. But these changes may be off the table if Boehner and House Republicans won’t agree to significant amounts of new revenue.

How costs and savings are counted becomes critical as we approach the final stages of negotiation.
Which baselines are used? How will CBO scoring procedures influence deal? How fast will tax and entitlement changes be phased in?

You will know Congress and the President are getting serious when spreadsheets start circulating.

We are far from that point this morning.

Turner GPA is one of the premier, highly respected government and public affairs firms in the nation. Turner’s state-of-the-art advocacy has earned them respect and acclaim from the media, clients, policymakers and even their competitors! Turner advocates on behalf of cutting edge businesses, municipalities, and non-profits that wish to ensure their perspectives and needs are taken into account in Washington, in state capitols and in City Hall, as well as in the media. The firm creates and implements intensely focused and targeted advocacy campaigns designed to meet and exceed its client’s expectations and goals. For more information on Turner GPA, visit www.turnergpa.com or call 202-466-2511.

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