It would seem Mr. Bush has decided to finally address one of the biggest financial crisis facing most Americans, and is doing so in his usual way. Here we have what seems to be an Oxymoron (no pun intended), as his alleged plan will be detrimental to those of us currently paying up to a third of our earning into a medical plan....to support those who simply cannot afford one at all. What happens when these poeple of poverty, make it big, and become middle class? They get taxed.
Lets see here.....No effect whatsoever on the wealthy, we'll have none of that.
Taxation of the dwindling middle class.
Incentives (wellfare), for the poorest.
I smell a warped socialism.
"WASHINGTON -- President Bush will propose deep tax breaks for Americans who purchase their own medical insurance and would finance the plan with an unprecedented tax on a portion of the healthcare plans that workers receive from their employers, according to the White House."
http://www.dfw.com/mld/dfw/16513010.htm
Ahhhh....The Irony.
"In 1993, United States President Bill Clinton's administration proposed a significant health care reform package. Clinton had campaigned heavily on health care in the 1992 election, and he quickly set up the Task Force on National Health Care Reform, headed by First Lady Hillary Rodham Clinton, to come up with a comprehensive plan to provide universal health care for all Americans, which was to be a cornerstone of the administration's first-term agenda.
The result, announced by President Clinton in an address to Congress on September 22, 1993, was a complex proposal running more than 1,000 pages, the core element of which was an enforced mandate for employers to provide health insurance coverage to all of their employees through competitive but closely-regulated health maintenance organizations (HMOs)."
http://en.wikipedia.org/wiki/Clinton_health_care_plan