$600 Billion In Tax Increases Needed To Destroy The Best Health Care System

Ok so taxes go up $600 billion dollars so we can afford to overhaul (destroy) the best healthcare system in the world. This bill is horrible from what i have been able to read. To save money the government is going to cut back the procedures you can have. If that is not bad enough, you will not even be allowed to pay for these procedures with your own money! If you are a senior citizen on Medicare, watch out, the $400 billion in cuts is going to come by cutting medical procedures for the elderly. If government doesn't think it is worth spending money on you because you are too old and are going to die soon anyway, you will be refused care. Somebody in an office in Washington will be making decisions on your healthcare and there will be nothing you can do about.-Lou

House Health-Care Bill to Include $600 Billion in Tax Increases

June 12 (Bloomberg) -- Health-care overhaul legislation being drafted by House Democrats will include $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid, Ways and Means Committee Chairman Charles Rangel said.

Democrats will work on the bill’s details next week as they struggle through “what kind of heartburn” it will cause to agree on how to pay for revamping the health-care system, Rangel, a New York Democrat, said today. He also said the measure’s cost will reach beyond the $634 billion President

Barack Obama proposed in his budget request to Congress as a down payment for the policy changes.

Asked whether the cost of a health-care overhaul would be more than $1 trillion, Rangel said, “the answer is yes.”

House Democrats plan to release their legislation next week.

Obama has made a health-care overhaul a top domestic priority and is working with Congress to get legislation to his desk by October.

Democrats in the House and Senate are working on legislation that would require all Americans to have health insurance, prohibit insurers from refusing to cover pre-existing conditions and place other restrictions on the industry.

The legislation would establish online exchanges for individuals to purchase insurance and would require employers to provide health benefits to workers or pay a penalty. Some Democrats also are backing creation of a government-run program to expand coverage to the

uninsured. The issue is the subject of bipartisan negotiations with Republican opponents.

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