How They're Going To Pay For Health Care

More

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?

Jump to comments
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.

Get Today's Top Stories in Your Inbox (preview)

The Ghost Trains of America

Can a band of locomotive experts save vintage railcars from ruin?


Elsewhere on the web

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

Why Did I Study Physics?

Using hand-drawn cartoons to explain an academic passion

Video

What If Emoji Lived Among Us?

A whimsical ad imagines what life would be like if emoji were real.

Video

Living Alone on a Sailboat

"If you think I'm a dirtbag, then you don't understand the lifestyle."

Video

How Is Social Media Changing Journalism?

How new platforms are transforming radio, TV, print, and digital

Video

The Place Where Silent Movies Sing

How an antique, wind-powered pipe organ brings films to life

Feature

The Future of Iced Coffee

Are artisan businesses like Blue Bottle doomed to fail when they go mainstream?

Writers

Up
Down

More in Politics

Just In