Sunday, November 8, 2009

Not about the deficit

Republicans and Blue Dog Democrats who object to the House health care bill care about something other than deficit reduction:

The plan will cost more over the next decade than the $900 billion limit Obama had set, but a combination of spending reductions and tax increases will more than offset those costs, so the plan would ultimately reduce the deficit by $104 billion by 2019, according to the nonpartisan Congressional Budget Office. The proposal would impose a 5.4 percent income tax surcharge on individuals making more than $500,000 and families earning more than $1 million.
Hmm. Wonder what that might be...

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