What a magnificent idea!! Why not tax the sick? In Dick Morris's and Eileen McGann's latest article, they note that President Obama and Max Baucus have come up with a way to fund health care, Tax the sick. How ludicrous. They want to penalize the sick for being ill. What the hell! I thought that these were supposed to be the ever-caring liberals who wanted to help the sick? How is taxing the very people you supposedly want to help, going to help them out? Its not. This is going to put the sick, and most vulnerable in a bind financially. Is this Obama, Baucus, and the Democrats motive? To make the sick and/or elderly turn to the government for their end of life counseling? To save revenues? This is NOT going to help the sick! This is going to hurt the sick! But, Maybe this is all a part of their master plan?
In a new amendment to the health care bill, they propose to limit the deductibility of medical expenses on income taxes.
Now, taxpayers may deduct any medical expenses that exceed 7.5% of their Adjusted Gross Income. Obama and Baucus want to raise that threshold to 10% as long as the taxpayer is under 65.
Eight million Americans are sick enough and poor enough that they have to pay more than 7.5% of their income in medical expenses. And it is these folks that the liberals Obama and Baucus plan to tax! Six million of them earn less than $75,000 a year!
For a family earning $75,000 a year and facing out-of-pocket medical bills of $7, 500, this proposal would cost them about $600 a year in extra taxes.
And let’s remember who it is that they are taxing. This proposal affects people whose incomes are so limited and whose medical costs are so high that they exceed 7.5% of their pre-tax income. More
In a CNS News article, Pelosi says that she will squeeze Medicare to Pay for Health Care Bill.
On Sept. 10, 2009, House Speaker Nancy Pelosi (D-Calif.) said that Congress will pay for half of the $1 trillion health care reform bill that President Obama wants enacted by “squeezing” Medicare and Medicaid to wring out what she called “waste, fraud, abuse, redundancy, obsolescence and whatever it is.” Pelosi was asked at her weekly press briefing if she agreed with President Obama that much of the health care reform plan can be paid for by cutting Medicare and Medicaid.
“Half the bill will be paid for by squeezing excesses out of the [Medicare and Medicaid] system, and there is $500 billion dollars to do that and we’re looking for more,” Pelosi said. “That can be achieved--waste, fraud, abuse, redundancy, obsolescence, whatever it is. Squeeze it out of the system; and that means out of the providers and the rest as well.”
On John Boehner's Blog, The GOP Leader, Kevin Boland posted:
The Democrats’ $1.6 trillion government takeover of health care relies on two funding schemes that will hurt millions of Americans - tax hikes and spending cuts.
The Democrats’ inclination to raise taxes on middle class families and small businesses has been well documented - and House Democrats are gunning to pass a health care bill with $800 billion in new taxes. But one element that is often overlooked in the health care debate is the drastic cuts Democrats are envisioning for Medicare - amounting to $500 billion over 10 years, largely taken out of Medicare Advantage, a program millions of American seniors depend on and value for their health care.
The Washington Post stated:
A bill being prepared by the Senate Finance Committee would trim more than $400 billion over the next decade from Medicare and Medicaid. Here's how the Medicare cuts, worth more than $300 billion, break down:
$182 billion in reduced payment rates for providers such as hospitals, skilled nursing facilities and hospices.
$113 billion from Medicare Advantage.
$23 billion in lower payments to hospitals for uncompensated care.
$10.7 billion in higher drug-coverage premiums for high-income seniors.
$10.1 billion from programs that encourage innovation.
$22.6 billion from a new Medicare commission empowered to restrain future spending growth.
SOURCE: Congressional Budget Office
Yes, Indeed Obama, Baucus, Pelosi and all the rest of the Democrats want to and WILL CUT MEDICARE for the SICK and ELDERLY in their health care bill.
So, beware folks, don't this atrocity of a bill pass!!!
Left Coast Rebel was right!! His article is accurate.
Pelosi did say she agrees with and is for cuts to medicare.