President Donald Trump ripped the Senate health care bill as “a disaster for the people of the United States,” as he defended his own proposal to increase the nation’s debt ceiling by $1 trillion to pay for his proposed tax overhaul.
“This is a disaster for our country,” Trump told a cheering crowd at a campaign rally in Ohio on Saturday.
“And you know what?
It is a big mistake for the country to do that.”
“They want to take away our health care,” he continued.
“They will take away your health care.
They will take it away if they get their way.”
The president was referring to the Senate bill, which has passed the Senate with a 52-48 vote and has not yet gone to the House.
The measure would impose a $1.9 trillion tax increase on households making $200,000 a year or less and add another $1,000 to the top rate of income tax.
The plan would raise the top income tax rate from 39.6 percent to 40 percent and repeal the estate tax, which is one of Trump’s signature campaign promises.
The Republican Party has not officially endorsed the legislation.
“We’re going to have to make sure that this country’s debt doesn’t explode and its economy doesn’t go into a tailspin,” Trump said at the rally.
“I know this is not the easiest thing to do.
But it’s the right thing todo, and we’re going.
I’m very proud of this bill.”
The $1 billion increase in the debt ceiling would allow Trump to keep borrowing money at a lower rate than the Treasury Department, and it would also allow him to keep cutting spending and spending cuts to Medicare and Medicaid.
The debt limit increase would also extend the federal debt ceiling until March 19, 2021.
“Now, I don’t think we’re at the point where we can afford to be spending billions and billions of dollars on a health care law that nobody likes, but nobody wants,” Trump added.
“But we’re not going to do it without our country.
We’re going [to] go through with it.”
Trump also praised House Speaker Paul Ryan, R-Wis., who has made cutting spending a key part of his plan to overhaul the country’s tax code.
“Paul Ryan, you know, I’m a big fan of your ideas,” Trump declared.
“You’re a big supporter of cutting government, cutting taxes.
So you know it’s going to be great.
We’ve got a big problem, I have to tell you.”
Ryan responded by saying that “if we’re spending too much money, it’s not going anywhere.”
Trump was not the only one to criticize the House plan.
Senate Majority Leader Mitch McConnell, R, Ky., announced Saturday that he would not bring up the health care legislation during his weekly radio show on the Senate floor.
McConnell said the GOP plan was “a mess” and a “disaster for the American people.”
“There are a lot of people in the House who are really upset that the Senate version of the bill, as I said, was a disaster, and that’s fine,” McConnell said.
“What we’re doing is we’re actually reducing the deficit, and the Senate will go in there and cut their own program.
And they will not be responsible for any of the debt.
“If they really want to go ahead and do that, fine, but I don ‘t think they want to be responsible,” Trump continued.”
If they really want to go ahead and do that, fine, but I don ‘t think they want to be responsible,” Trump continued.