Photoshop: Reader Rachael in Ky
The Democrats are preparing for their Big Reveal on how to pay for their trillion-dollar government takeover of health care.
Gird your loins and say goodbye to your wallets:
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By the end of this week, House Democrats may have answered the biggest question looming in the healthcare debate – how they plan to pay for their overhaul.
Leadership aides say they will introduce a bill by Thursday or Friday, in preparation for votes in committee next week. And that bill, they say, will include a way to pay for the bill…
…Leadership aides stress that no final decision has been made on how to pay the tab. The Democrats on Rangel’s committee will hold a marathon meeting all day Tuesday where healthcare and the “pay-for,” as it’s called, are sure to come up.
A large portion is expected to come from reductions in Medicare and Medicaid. But that won’t pay for the full overhaul. As for raising money, ideas have included a national sales tax, taxing soda and a “surtax” on people making more than $250,000.
In addition to that, House Majority Whip James Clyburn (D-S.C.), Caucus Chairman John Larson (D-Conn.) and Vice-chair Xavier Becerra (D-Calif.) will hold six “listening sessions” that break rank-and-file members out by region. The three leaders will take concerns and ideas from the sessions’ members back to the leadership in preparation for markup next week.
Jonathan Gruber cashed in even more than previously thought; Update: And Obama JUST found out about all this
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