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Headlines and Commentary

Obama Is Pressed to Tax Health Benefits
June 15, 2009 


Washington Post: The White House is caught in a battle within its own party over how to finance a comprehensive overhaul of America's health-care system, as key Democrats advocate a tax plan that could require President Obama to break his campaign pledge not to raise taxes on the middle class.  Sensitive to voter anxiety about a soaring federal deficit, Obama and congressional leaders have vowed to pay for a sweeping expansion of the health-care system -- expected to cost more than $1 trillion over the next decade -- without additional borrowing Click Here
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Commentary: I want to say to all who voted for Obama, there's your change! Although, I have to wonder, how much change we are going to have left over after Obama gets done with what he is doing to us.

McCain had a plan that would have taxed our benefits, but it would have allowed us to write it off on our taxes. At first it sounded acceptable, till people pointed out that the tax write-off would not necessarily cover the full cost.

Nonetheless, the reason congress is now wanting to do this, is to pay for the "free" health care. So obviously we are not going to break even, and obviously it is not so free.

Debra...
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 Debra J.M. Smith

 
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