How They're Going To Pay For Health Care

For the first time, key senators (Sens. Max Baucus and Chuck Grassley) have laid out the range of possibilities for how to pay for health care reform--a big question for those trying to reform it. Reform will undoubtedly cost billions, even with savings added to the health care system. Baucus and Grassley put forth a slew of suggestions (including in-system savings), some of them being taxes on alcohol and sugar-sweetened beverages (soda, etc), taxes on hospitals that don't meet non-profit standards, modifying tax deductions for health care expenditures, and taxing some employer-provided health plans as income. Paying for reform is a difficult business, as evidenced by the committee's list, and some of the options sound better than others (especually after a presidential campaign during which Democrats hammered John McCain for suggesting a tax on health care). Soda tax, anyone?

Presented by

Chris Good is a political reporter for ABC News. He was previously an associate editor at The Atlantic and a reporter for The Hill.

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Video

The 86-Year-Old Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

More in Politics

Just In