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)

When Will Robots Take Over the World?

"In a sense, we're already becoming cyborgs."


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

Is Wine Healthy?

James Hamblin prepares to impress his date with knowledge about the health benefits of wine.

Video

The World's Largest Balloon Festival

Nine days, more than 700 balloons, and a whole lot of hot air

Video

The Origins of Bungee Jumping

"We had this old potato sack and I filled it up with rocks and dropped it over the side. It just hit the water, split, dropping all the stones. And that was our test."

Video

Is Trading Stocks for Suckers?

If you think you’re smarter than the stock market, you’re probably either cheating or wrong

Video

I Spent Half My Life Making a Video Game

How a childhood hobby became a labor of love

Writers

Up
Down

More in Politics

Just In