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Tuesday, May 12, 2009

May be time to sell that stock in Coke

If you want "free" healthcare you'd better be prepared to pay for it.

May 12, 2009
Soda Tax Weighed to Pay for Health Care

By Janet Adamy

Senate leaders are considering new federal taxes on soda and other sugary drinks to help pay for an overhaul of the nation's health-care system.


Here is another good part:

The taxes would pay for only a fraction of the cost to expand health-insurance coverage to all Americans and would face strong opposition from the beverage industry. They also could spark a backlash from consumers who would have to pay several cents more for a soft drink.

On Tuesday, the Senate Finance Committee is set to hear proposals from about a dozen experts about how to pay for the comprehensive health-care overhaul that President Barack Obama wants to enact this year. Early estimates put the cost of the plan at around $1.2 trillion. The administration has so far only earmarked funds for about half of that amount.
You can count on the "early estimates" to be WAY low.

2 comments:

The Hermit said...

I was talking with a fellow at lunch today about this issue. He and I pretty much agreed that there is no solution to health care.

Bitmap said...

There is no system out there so bad that a generous application of federal government can't make it worse.

From what I've read if it wasn't for government fixing wages back when we probably wouldn't have gotten started on the whole health insurance as a benefit thing. I don't know where we'd be but it would be different than where we are now. I guess you could say that the federal government started all (or at least most) of our problems with healthcare. Now we're going to let government try to fix it?

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