Obama Encourages House To Accept 'Cadillac' Tax To Support Healthcare Bill


Obama encourages House to accept 'Cadillac' tax to support healthcare billIn a closed door meeting at the White House on Jan. 6, President Obama reportedly expressed to top Democratic members of the House that he prefers a tax on high-cost health insurance plans as a means of extending insurance to the many Americans currently without coverage.

The so-called "Cadillac" tax is a feature of the Senate version of the healthcare bill, something most House Democrats oppose. The financing method that the House adopted in their legislation would involve an income tax hike on the wealthy.

The Senate’s bill, which the president reportedly prefers, would tax insurance companies on plans valued at $8,500 for individuals and $23,000 for couples. Many analysts, and some members of the House, believe that those costs would trickle down to the consumer and would violate the president’s pledge to avoid taxing the middle class, according to Fox News.

Meanwhile, House Republicans put out a statement deriding Speaker Nancy Pelosi and the apparent closed door process of developing the legislation.

"C-SPAN is practically begging the Democrats to make their deliberations public (like President Obama repeatedly promised on the campaign trail), but so far all they’ve offered in response are Orwellian claims about the most open process ever," the statement read, quoted by the Los Angeles Times. "Frankly, Madam Speaker, you should stop insulting Americans’ intelligence."

Personal Liberty

Special To Personal Liberty

You Sound Off! is written by our readers and appears the last Wednesday of each month. If you would like to submit an article or letter to the editor for consideration for You Sound Off!, send it to yousoundoff@personalliberty.com by the Friday before the last Wednesday of the month. To be considered, a submission should be 750 words or less and must include the writer's name, address and a telephone number. Only the writer's name will be published. Anonymous submissions will not be considered.

Join the Discussion

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.