Congressmen John Carter[*] (R-TX) and Lynn Westmoreland (R-GA) yesterday introduced the Geithner Penalty Waiver Act, requiring that the IRS assess the same penalty against U.S. taxpayers that came forward in the UBS tax fraud investigation as paid by Treasury Secretary Timothy Geithner for failing to pay taxes on his IMF income — zero.
Pretty self-explanatory, isn’t it? I like Rep. Carter. And not just because of his name.
In their first shot at the measure this week, Republicans decided to try to strike at the heart of how Democrats plan to pay for the $848 billion measure by attempting to eliminate the proposal’s almost $440 billion in Medicare cuts.
But instead of offering a conventional amendment, they decided to use an esoteric procedural tactic that would send the bill back to committee with instructions to eliminate the cuts. If successful, the GOP’s gambit would force Majority Leader Harry Reid (D-Nev.) to use time-consuming procedures and hold another filibuster-killing vote on whether to restart debate on the bill.
That takes it off the floor, requires another committee vote, delays the bill, and ticks off Senate Democrats. The ‘delays the bill’ part is probably the most important thing, here: health care rationing just isn’t popular these days.
PS: Arcane procedural tactics are fun, but they’re no substitute for a Congressional majority. Reverse the Vote.
Crossposted to Moe Lane.