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A Reality Check on Obama's Wish List.(Barack Obama)

Article from: U.S. News & World Report Article date: November 03, 2008 Author: Barone, Michael

Byline: Michael Barone

What will an Obama administration and a Congress with increased Democratic majorities do? That's a relevant question, given the Democrats' leads in the polls. And it's a little hard to answer, given the financial crisis that has been raging and the recession that seems to be ahead.

One thing they will certainly do is raise taxes on high earners. The Bush tax cuts are scheduled to expire in 2010, and congressional Democrats will gleefully allow the top rates to rise. Left-leaning Democrats, like Barack Obama himself, want to "spread the wealth ...

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Universal Health Crossing Lines

Posted Feb 28, 08 4:22 PM CST in Politics 

Universal Health Crossing Lines
Source: Associated Press

(Newser) – While presidential candidates are busy bickering about how to achieve universal health care, a bill in the Senate has quietly acquired 12 supporters—the biggest bipartisan coalition ever gathered behind universal health care legislation, Ruth Marcus writes in the Washington Post.  Sponsors Ron Wyden and Bob Bennett hope the radical bill—with "something for everyone to dislike," Marcus says—will be ready when the next president takes office.

Instead of paying for health care, employers would pay workers more;  Americans would be required to buy their own insurance through regional purchasing pools; carriers would be forced to charge a single rate regardless of customers’ age or health. Marcus is impressed with “lawmakers who are in for the long haul and not the easy sound bite." One analysis says federal and employer spending would fall, but costs would rise for people making over $40,000.

Source: Washington Post
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