Monday, June 20, 2022

December 9, 2017: No Funding for the Children’s Health Insurance Program, and a $75,000-Per Night Hotel Suite

 

12/9/17: Funding for the popular Children’s Health Insurance Program, which covers nine million children from low-income families, ran out in September. 

The program costs $14 billion annually and Congress has failed to fund it for the next fiscal year. 

Meanwhile, the GOP “tax reform plan” is working its way toward a conference committee in Congress. At least $150 billion in tax cuts will go to the very wealthiest families who pay an estate tax. 

Just as the Republicans planned! Screw healthcare for kids! Suffering multi-millionaires and billionaires who once had to pinch pennies when traveling and bed down at Motel 6 will be able to upgrade accommodations once the tax plan passes.

 

Your ordinary oligarch will have a little extra left over to rent the Mark Penthouse, in the Mark Hotel, in New York City. Cost: $75,000 nightly. For that Mr. or Ms. Oligarch will get 26-foot ceilings, four fireplaces, five bedrooms, six bathrooms and 12,000 square feet to kick back and relax after a hard day hedging funds, sending American jobs overseas, buying politicians, and explaining why no one can afford to pay workers a $15 per hour minimum wage. 

Well, it’s a hard life; but somebody has to create jobs (for hotel maids, etc.). Your ordinary Captain of Industry has earned every amenity. For that $75,000 you also get a steam room, two powder rooms, two wet bars, a kitchen, a conservatory, and a library lounge, although if you are wasting a lot of time sitting around and reading, you probably should have stayed home.



All this and more for $75k per night.


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