Monday, January 22, 2007

Bush: Tax Health Insurance

If you have health insurance through your job -- President Bush wants to tax you for it. Those taxes would then pay for tax breaks given to people who buy their own health insurance.

The White House thinks it can reduce rising health care costs by forcing Americans to give up plans that cover everything -- in favor of bare bones health insurance.

President Bush revealed part of the plan in his radio address Saturday. He plans to unveil the plan formally in Tuesday's State of the Union Speech.

It's doubtful the plan could survive a Democratic Congress. (Star-Telegram)

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