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Friday
Jan082010

Today's News: $

All of the news on health care reform today seems to be people deciding how they're going to pay for it.  The House of Representatives had planned to pay for the bill by taxing people with high incomes, but the Senate is not amenable to that.  So the House is trying something different: increasing the Medicare payroll tax.

The Senate plan is to tax expensive health care plans, the so-called "Cadillac" plans.  The House really, really doesn't like this idea.  This may be the next big dispute among legislators working on health care reform, not that it needed another one.

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