Tuesday, March 10, 2009

Guess who

is objecting to a tax increase on the rich to pay for healthcare reform?

What the Democratic barons of Congress liked best about President Obama’s audacious budget was his invitation to fill in the details. They have started by erasing some of his.

The apparent first casualty is a big one: a proposal to limit tax deductions for the wealthiest 1.2 percent of taxpayers. Mr. Obama says the plan would produce $318 billion over the next decade as a down payment for overhauling health care.

But the chairmen of the House and Senate tax-writing committees, Senator Max Baucus of Montana and Representative Charles B. Rangel of New York, have objected to the proposal, citing a potential drop in tax-deductible gifts to charities.

Billions in savings from cutting government subsidies to big farmers and agribusinesses? No dice, said Senator Kent Conrad of North Dakota, who heads the Senate Budget Committee.
It's getting hard to tell the players -- and the teams -- apart without a program.

Labels: , ,

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home