Funding for Health Care Reform

It’s Me Again Bloggers!
As I have said in previous blog posts I want my blog to focus on the aspect of the economy and health care reform. A valid question that many concerned citizens have dealing with health care reform is: how will this proposed plan be paid for?? Obama wants to cover nearly 50 million citizens who are currently uninsured; this could costs up to 1 trillion dollars over ten years!! So you may be asking yourself, WHERE IN THE WORLD ARE WE SUPPOSED TO GET ALL THAT MONEY?? This is a common question to those who are keeping up with health care reform. Both of the plans that have recently passed in Congress in both the Senate and the House consist of raising certain taxes to cover the costs of the health reform bill. The plan passed in Senate calls for a “tax on high-value health insurance plans”. While the plan passed in the House calls for a “high-income surtax”. Many people feel as though we should not raise taxes in order to include a public option in the health reform bill. I, on the other hand, believe that the public option is a great way to get health care to those who simply can’t afford, and I believe that raising or creating new taxes to cover this option wouldn’t be so bad.
http://thehill.com/blogs/congress-blog/healthcare/65917-health-care-reform-plans-funded-by-new-major-tax-medicare-spending-cuts