2017-04-20 / Front Page

Jody Hice speaks on tax reform and healthcare at Rotary Club

Congressman Jody Hice updates district on national business at Washington Rotary Club meeting. Congressman Jody Hice updates district on national business at Washington Rotary Club meeting. During his visit to the Washington Rotary Club, Congressman Jody Hice updated members and guests on current political moves being made that would affect not only the state of Georgia, but the nation as a whole.

The congressman broached the subjects of business regulations, health care, and tax reform, before answering a series of questions posed by the audience.

“In this Congress, thankfully, we have a president who is committed to helping us annihilate and get rid of a bunch of regulations. In fact, he’s publicly stated that he wants to get rid of 75 percent of the regula­tions that we currently have. He’s already passed an executive order that says for every one new regula­tion, two have to go,” Hice said. “In addition to that, there’s something called a CRA, which stands for a Congressional Review Act, and basically what it does is help undo some things that were not liked from a previous administration.”

Hice asserted that the public should see relief in this area soon, if not already.

Regarding the most recent health­care bill introduced by President Donald Trump, which failed to gain traction within the U.S. House, Hice asserted that insurance premiums would have increased by 15-20 per­cent if it had been successful.

He further asserted that sig­nificantly lowering premiums is the “criteria” currently being negotiated in the push for reform, along with the removal of the mandate on in­surance companies, which requires every one of the entities to provide “essential health benefits” to all.

Likewise, negotiations for the removal of “high-risk” individuals from the general insurance pool – estimated to encompass four percent of the population – and according to Hice, drive-up the cost of insurance for every party when those “high- risk” individuals are compiled with others that don’t fall into that same category.

“We’ve made a lot of progress, and I’m very hopeful that by the time we get back up [to Washing­ton], that in a matter of weeks we’ll be able to get this over the finish line, and get the senate to pass it, and get the president to sign it,” Hice said. “I am very encouraged by what has happened over the past few weeks.”

Shifting into discussion on tax reform, Hice remarked that a move to decrease corporate taxes is in the works, stating that small businesses should see around a 25 percent de­crease, accompanied by decreases in various categories of the tax struc­ture – the goal being to “majorly deflate the IRS.”

Return to top