By DOUGLAS HOLTZ-EAKIN,Wall Street Journal
Baucus committee version of ObamaCare will raise taxes on the middle class
Remember when health-care reform was supposed to make life better for the middle class? That dream began to unravel this past summer when Congress proposed a bill that failed to include any competition-based reforms that would actually bend the curve of health-care costs. It fell apart completely when Democrats began papering over the gaping holes their plan would rip in the federal budget.
As it now stands,the plan proposed by Democrats and the Obama administration would not only fail to reduce the cost burden on middle-class families,it would make that burden significantly worse.
Consider the bill put forward by the Senate Finance Committee. From a budgetary perspective,it is straightforward. The bill creates a new health entitlement program that the Congressional Budget Office (CBO) estimates will grow over the longer term at a rate of 8% annually,which is much faster than the growth rate of the economy or tax revenues. This is the same growth rate as the House bill that Sen. Kent Conrad (D.,N.D.) deep-sixed by asking the CBO to tell the truth about its impact on health-care costs.
To avoid the fate of the House bill and achieve a veneer of fiscal sensibility,the Senate did three things:It omitted inconvenient truths,it promised that future Congresses will make tough choices to slow entitlement spending,and it dropped the hammer on the middle class.
There is NO climate change OBAMA,get it right!!!!
This Health care plan is TAX,TAX,TAX..get it right!!!
Your Generals want troops- send them NOW. Get it right!!
Stop making decisions based on Politics>You are suppose to be the President of the United States of America!!
Included in the Baucus bill that the Obamatrons are raving about and that Snowe approved….is the option that allows insurance companies to charge Seniors 4x more for their premium costs than that of non-Seniors. This info should be on this website. See:
http://wonkroom.thinkprogress.org/tag/baucus/
Info/details are in this article with the title below (it is one of several on the website):
Baucus Accepts Numerous Republican And Democratic Amendments,Brings
Cost Of Bill To $900 Billion
I guess all Senior Citizens should be grateful…as well as the children of Seniors. The original plan was to allow insurance companies to charge Seniors 5x the amount on non-Seniors.
Look Dick,look Jane! The trendy of this nation are trying so hard to help us all live long and prosper while embracing a political movement that insists upon population control. Good grief,who ever would have thunk it –we're a nation now under the thumb of effete elite snobs.