The recent kerfuffle caused by Muskβs and Trumpβs objections to the bipartisan funding agreement resulted in House Republicans defeating the agreed-upon bill. The second bill, approved by the two objectors, was defeated. The final bill, which passed in the nick of time, had many of the elements of the original.
However, three significant things were eliminated in the final bill: increased scrutiny and regulation of the operations of US businesses in China; restructuring of payments for pharmacy benefit managers; and $20 billion in IRS funding. So, Musk (who is expanding his technology operations in China), United Heath Group (which has the largest PBM operation in the US), and wealthy tax cheats all received nice gifts this Christmas.
Barbara Hall
Midtown
Disclaimer: As submitted to the Arizona Daily Star.
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