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Politics : Those Damned Democrat's

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To: calgal who wrote (981)4/24/2003 1:50:05 PM
From: Tadsamillionaire   of 1604
 
Gephardt's health care proposal would cost upward of $200 billion a year.
washingtonpost.com
A weak and feckless Democratic Party failed last year to forcefully challenge President Bush's domestic and foreign policy agenda, and, in the view of many, Democrats paid a heavy price for it, reversing historical trends and losing ground in November's midterm election.

In one of the boldest strokes yet in the fledgling Democratic presidential nominating campaign, former House Democratic leader Rep. Richard Gephardt (Mo.) today called not only for a complete repeal of the Bush 2001 tax cut, but for a near-universal health care program.

Gephardt's health care proposal -- a new business tax credit to help employers purchase insurance for their employees -- would cost upward of $200 billion a year. And to pay for it, Gephardt would not only cancel the portions of Bush's $1.35 billion tax that have not yet kicked in, but the parts that have already been established.
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