Congress has begun to look longingly at limiting the tax exclusion on employer-sponsored health benefits, which “cost” the federal government an estimated $225 billion in foregone tax revenue in 2008 . . .si nce when do these benefits “cost” the federal government anything? They assume that any potential tax revenues they do not get are revenues they are due. Hardly. This federal government’s appetite to consume the wealth of the citizenry taxes is insatiable. They must be put on a diet, before the rest of us have nothing left to eat.
He now says he is open to taxing “millionaires”, as if they alone could pay for the grandiosity of his so called health reform.
He now says he is open to limited deductions for medical care and services as well as limiting deductions for the “wealthy” overall to raise additional funds.
He now says he has reduced the projected 10 year deficit from 9 trillion to 7 trillion dollars. Yep, that is a real improvement.
America works best when it works the way it always has, by the sweat and ingenuity of its people, not by the politically slanted vision of those in Congress and the White House.
Please Mr. President, lead, follow or just get out of the way of Real Health Reform . . . obi jo
President Obama has gone to great lengths not to repeat the mistakes of Bill and Hillary Clinton as he works with Congress toward an overhaul of the nation’s healthcare system. But, there are those in the administration and Congress pushing the President to duplicate a strategic blunder in an even earlier reform initiative: the 1988 attempt to add catastrophic care to Medicare.” The Globe notes that “Congress ended up repealing that law in 1989, when part of its funding mechanism, a surtax of up to $800 a year on wealthier seniors, proved wildly unpopular. Seniors had to pay the tax even if they already had catastrophic coverage privately.” Now, “an unpopular measure being proposed to pay for coverage of the uninsured is a new tax on the health benefits workers get from their employers. Health reform financed in this way could suffer the ignominious fate of 1988’s catastrophic care plan.” According to the Globe, “If the President and Congress want to reduce the ranks of the uninsured, they need a way to pay for it.”
Desperate to find ways to pay for a healthcare overhaul that could cost more than $1 trillion over the next decade, Congress has begun to look longingly at limiting the tax exclusion on employer-sponsored health benefits, which cost the federal government an estimated $225 billion in foregone tax revenue in 2008.
Healthcare overhaul could limit tax breaks on benefits – http://www.boston.com/news/health/articles/2009/07/04/healthcare_overhaul_could_
Punting On Paying For Health Care – http://www.forbes.com/2009/07/22/obama-health-care-business-washington-obama.htm
Nancy Pelosi: Make millionaires pay for health care – http://www.politico.com/news/stories/0709/25144.html
REHABILITATING HEALTHCARE Spread the pain of paying for healthcare reform – http://www.latimes.com/features/health/medicine/la-ed-health16-2009jul16,0,22547
www.condron.us
www.blogburst.com www.bloglines.com www.blogcatalog.com www.clusty.com
President Obama has gone to great lengths not to repeat the mistakes of Bill and Hillary Clinton as he works with Congress toward an overhaul of the nation’s healthcare system. But, there are those in the administration and Congress pushing the President to duplicate a strategic blunder in an even earlier reform initiative: the 1988 attempt to add catastrophic care to Medicare.” The Globe notes that “Congress ended up repealing that law in 1989, when part of its funding mechanism, a surtax of up to $800 a year on wealthier seniors, proved wildly unpopular. Seniors had to pay the tax even if they already had catastrophic coverage privately.” Now, “an unpopular measure being proposed to pay for coverage of the uninsured is a new tax on the health benefits workers get from their employers. Health reform financed in this way could suffer the ignominious fate of 1988’s catastrophic care plan.” According to the Globe, “If the President and Congress want to reduce the ranks of the uninsured, they need a way to pay for it.”
Desperate to find ways to pay for a healthcare overhaul that could cost more than $1 trillion over the next decade, Congress has begun to look longingly at limiting the tax exclusion on employer-sponsored health benefits, which cost the federal government an estimated $225 billion in foregone tax revenue in 2008.
Healthcare overhaul could limit tax breaks on benefits – http://www.boston.com/news/health/articles/2009/07/04/healthcare_overhaul_could_
Punting On Paying For Health Care – http://www.forbes.com/2009/07/22/obama-health-care-business-washington-obama.htm
Nancy Pelosi: Make millionaires pay for health care – http://www.politico.com/news/stories/0709/25144.html
REHABILITATING HEALTHCARE Spread the pain of paying for healthcare reform – http://www.latimes.com/features/health/medicine/la-ed-health16-2009jul16,0,22547
www.condron.us
www.blogburst.com www.bloglines.com www.blogcatalog.com www.clusty.com