At the debate on Friday, Barack Obama called out John McCain for wanting to tax people's health care plans they had at their job. Up on stage in front of nearly 60 million people, he dodged Obama's charge. The maverick socialist corporatism believer knows that this will result in many employers' choosing to drop costly plans altogether. Meanwhile the greedy health care industry continues to take in more money. McCain may not have wanted to come clean on Friday, but he admitted to it yesterday on This Week with Stephanopolous.
From Think Progress:
Today, during an interview on ABC’s This Week, Sen. John McCain (R-AZ) finally admitted that his health care tax credits would not cover the costs of a comprehensive health insurance plan:
Actually, my position is that it will be, it will give people actually more money to go out and purchase tax - health insurance on their own and only those with the Cadillac gold-plated health insurance policies today are the ones who might suffer from it.
STEPHANOPOULOS: So they would see their taxes go up potentially.
MCCAIN: It depends on, on, on what plan they have. But that’s usually the wealthiest people. Ordinary working Americans have the kind of - or an overwhelming majority have the health insurance plans that this tax credit, refundable tax credit, will actually put more money in their pockets for the purchase of health care than what they had before.
Of course, that is also a lie but when a politician like McCain spews tremendous amounts bullshit on a daily basis, a few nuggets of truth may fall through the cracks. Far from wealthy Cadillac owners, this plan would be a huge burden to the middle class. It would undoubtly serve to reduce the amount of workers that can obtain health insurance while allowing for premiums to stay high for the insurance companies that relentlessly raise their rates every year.
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