.comment-link {margin-left:.6em;}

Cracker Squire

THE MUSINGS OF A TRADITIONAL SOUTHERN DEMOCRAT

My Photo
Name:
Location: Douglas, Coffee Co., The Other Georgia, United States

Sid in his law office where he sits when meeting with clients. Observant eyes will notice the statuette of one of Sid's favorite Democrats.

Sunday, March 15, 2009

His hypocrisy of signing the budget bill stuffed with earmarks was much worse, but now a 2nd flip-flop: Obama Admin. Is Open to Taxing Health Benefits

From The New York Times:

The Obama administration is signaling to Congress that the president could support taxing some employee health benefits, as several influential lawmakers and many economists favor, to help pay for overhauling the health care system.

The proposal is politically problematic for President Obama, however, since it is similar to one he denounced in the presidential campaign as “the largest middle-class tax increase in history.” Most Americans with insurance get it from their employers . . .

At the time, even some Obama supporters said privately that he might come to regret his position if he won the election; in effect, they said, he was potentially giving up an important option to help finance his ambitious health care agenda to reduce medical costs and to expand coverage to the 46 million uninsured Americans. Now that Mr. Obama has begun the health debate, several advisers say that while he will not propose changing the tax-free status of employee health benefits, neither will he oppose it if Congress does so.

0 Comments:

Post a Comment

<< Home