Trivia Tidbit of the Day: Part 673 — Baucus Plan.
Trivia Tidbit of the Day: Part 673 — Baucus Plan.: “
Higher Taxes, More Government, Bad Medicine-
The Baucus plan raises taxes and cuts benefits (sort of, maybe, kind of) to pay for government-run health care:
Added together, these new taxes total $311 billion, a number that critics say is far too high.
‘They tax us to the point that they reduce the deficit,’ said Michael Tanner, a health care policy expert at the Cato Institute, a libertarian think tank. ‘In essence, the deficit savings you have are simply because of the tax increases.’
Even after taxes, the government would still need an additional $599 billion to achieve the cost-bending estimate provided by the CBO. The Baucus bill calls for getting the bulk of that money from cuts to Medicare spending.
I know we’re in bizarro-world and all these days, but– what? Seriously? This is the plan?
Previous Trivia Tidbit: Medicaid Expansion.
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(Via WILLisms.com.)