You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

House May Tax Payrolls, Drop Wealth Levy to Finance Health Plan [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-08-10 01:50 PM
Original message
House May Tax Payrolls, Drop Wealth Levy to Finance Health Plan
Advertisements [?]
Source: Bloomberg

Jan. 8 (Bloomberg) -- U.S. House lawmakers may agree to pay for the nations health-care overhaul by adopting versions of Senate proposals to raise Medicare payroll taxes and tax health benefits for the first time, Democratic aides said.

House leaders may also discard a plan to impose a surtax on the wealthiest Americans, which has come under fire from some Senate Democrats, aides said.

Financing the expansion of insurance coverage to more than 90 percent of Americans looms as the largest issue facing Congress. House Speaker Nancy Pelosi, seeking to merge her bill with Senate legislation, yesterday briefed the Democratic caucus on party leaders discussions during a conference call.

The talks are at a preliminary stage until the Senate returns later this month, and House Ways and Means Committee Chairman Charles Rangel predicted tough negotiations. Some House members are vowing to put up a fight over the legislation, which is estimated to cost about $1 trillion over 10 years.

Read more: http://www.bloomberg.com/apps/news?pid=20601087&sid=ahx...
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC