House to vote next week to block health funds

Reuters

 The U.S. House of Representatives is likely to vote to block funding for President Barack Obama’s signature healthcare overhaul when it takes up a budget plan next week, House Republican Leader Eric Cantor said on Tuesday.

“I expect to see one way or other the product coming out of the House to speak to that and to preclude any funding to be used for that,” Cantor said at a news conference, referring to an effort to block implementation of the health-care law.

House Republicans aim to pass a spending measure next week that would immediately cut at least $32 billion from the government’s $3.7 trillion budget in an effort to trim budget deficits that could hit an estimated $1.5 trillion this year.

Details of the Republican spending-cut package will be made public on Thursday ahead of a wide-ranging debate on the House floor next week.

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I wear many hats but history, economics and political observance have always been a passion. I am a graduate of the University of Cincinnati College of Business with a degree in Information Systems and Digital Business with a minor in European History. I work for a small mom-and-pop IT consulting and software design company. We deal in servicing mostly government funded non-profit mental and behavioral health care agencies in the state of Ohio. In this I deal with Medicaid and Medicare funds and have a little insight on the boondoggles of government there. Thankfully the undemanding nature of my daily profession gives me ample time to read and stay aware of our current state of affairs which I find stranger than fiction in many instances. In addition to being in the IT field, I have also been self employed with a small contracting company so I might know a thing or two about the plight of small business that employs 71% of the American workforce. I however don't draw my knowledge from my day jobs, which I have had a few; I draw it from an intense obsession with facts and observation about the world in which I live. I do have formal education in things such as history, economics and finance particularly as it pertains to global issues, but I have come to find much of what I thought I knew from the formalities of a state university I had to unlearn through much time and independent research. I hope you enjoy what I bring you which is not often heard in the mainstream news outlets. I would like to think my own personal editorializing is not only edifying but thought provoking while not at all obnoxious. That last one may be a hard to achieve.

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