Wednesday, May 13, 2009

Senators weigh tax hikes to pay for health care

Senators weigh tax hikes to pay for health care; AP

Senators are considering limiting — but not eliminating — the tax-free status of employer-provided health benefits to help pay for President Barack Obama's plan to provide coverage to 50 million uninsured Americans.

Finance Committee Chairman Max Baucus, D-Mont., said Tuesday that there are no easy options. Senators began grappling with how to finance guaranteed coverage, a cornerstone of Obama's plan to overhaul the health care system. Independent experts put the costs at about $1.5 trillion over 10 years. ...

: Get ready folks and strap yourself on the taxation roller coaster, and in case you are wondering how the ride is going to be, ask our good neighbors Mr. and Mrs. Canada.

Now, do you think if the States had representation in Congress they would be letting this massive piece of socialism to go through?

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