Navigation Links
ATR: Obama's VAT Trial Balloon Dusts Off Bill Clinton's 1993 Playbook

VAT trial balloon also floated by President Clinton in 1993 to pay for government run health care

WASHINGTON, May 28 /PRNewswire-USNewswire/ -- When it comes to finding a way to finance government-run health care, the administration of Barack Obama is floating a VAT trial balloon echoing that of President Bill Clinton in 1993.

The Obama administration's VAT trial balloon is being floated by Kenneth Baer, spokesman for Obama Budget Director Peter Orszag, who was quoted in the Washington Post on Wednesday as saying a VAT is "unlikely to be in the mix" but did not rule it out, despite Obama's central campaign promise not to raise taxes on families making less than $250,000: "While we do not want to rule any credible idea in or out as we discuss the way forward with Congress, the VAT tax, in particular, is popular with academics but highly controversial with policymakers."

In April of 1993, newly inaugurated President Clinton was exploring ways to pay for his government health care plan, including a VAT, as noted at the time in the St. Louis Post-Dispatch:

Trial balloons wafting over Washington say the administration may be considering a value-added tax -- VAT for short -- to fund universal health care coverage. And President Bill Clinton himself is keeping the balloons aloft. "There are all kinds of arguments for it on policy grounds," Clinton said Friday at a press conference. Clinton said he hadn't decided to include a VAT in his health care plan. But he said he didn't mind the fact that two top administration officials said they liked the idea.' We've had a lot of people from business and labor come to us saying they thought that that tax would help make their particular industries more competitive in the global economy," Clinton told a reporter, who implied that the aides were speaking out of turn. (Gallagher, J. (1993, April 25). Clinton Stirs a VAT; New Tax Enters Health Debate. St. Louis Post-Dispatch.)

"The people closest to Obama seem to believe he wasn't telling the truth when he promised not to raise taxes on those making less than $250,000," said Grover Norquist, president of Americans for Tax Reform. "Otherwise they would have outright rejected the mere mention of a VAT, a tax that would be paid by all Americans."

Americans for Tax Reform is a non-partisan coalition of taxpayers and taxpayer groups who oppose all tax increases.

SOURCE Americans for Tax Reform
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. National Health High Risk Pool Association Available to Discuss Role of Pools in President Elect Obamas Health Care Reform Plans
2. New Heart Pump Shows Promise in Trial
3. Trial to Test Gene Therapy for Angina in Women
4. AKELA Pharma Inc. announces positive results for the extension part of its Phase IIb Fentanyl TAIFUN(R) trial
5. The New England Journal of Medicine Publishes EURIDIS/ADONIS Study Results Showing Dronedarone Maintained Sinus Rhythm in Patients With Atrial Fibrillation or Flutter With no Observed Pro-Arrhythmia
6. Provectus Pharmaceuticals, Inc. Begins Phase 2 Clinical Trial for Metastatic Melanoma
7. MDS Pharma Services Wins Award for Management of Global Malaria Trial
8. New Ovarian Cancer Drug Trial Under Way
9. Study Questions Dead-End Cancer Clinical Trials
10. AtriCure Reports First Human Implant of the Cosgrove-Gillinov Left Atrial Appendage Occlusion System
11. CryoCor Invited to Participate in FDA Advisory Panel Meeting on Atrial Fibrillation
Post Your Comments:
(Date:11/27/2015)... , ... November 27, 2015 , ... CBD College ... of Allied Health Education Programs (CAAHEP) awarded accreditation to its Diagnostic Medical Sonography program. ... accredited colleges, as only one of twelve colleges and universities in the state of ...
(Date:11/27/2015)... ... , ... Avid collector, Andrew Hawley from Vintage Rock Posters, announces his search ... one of Joplin's most famous and beautiful concert posters. The concert was held on ... Arbor. The According to Hawley, "It is hard to believe that Joplin's stardom was ...
(Date:11/26/2015)... Las Vegas, NV (PRWEB) , ... November 26, 2015 , ... ... holiday shopping strategy. Many customers choose to buy during the Black Friday and ... holiday gifts. Shoppers don’t need to search the Internet high and low to find ...
(Date:11/26/2015)... ... November 26, 2015 , ... The Catalent Applied Drug Delivery ... to integrate dose form selection in early phase drug development. The first of ... and bringing together the UK’s emerging life sciences companies, corporate partners, and investors, ...
(Date:11/26/2015)... ... 26, 2015 , ... WorldCare International, Inc., the first company ... Employee Benefits Conference. The Employee Benefits Conference was hosted by the International Foundation ... 11th, 2015. The conference was held at the Hawaii Convention Center in Honolulu, ...
Breaking Medicine News(10 mins):
(Date:11/27/2015)... 27, 2015 --> ... go online. The potential to save costs, improve treatment ... far from fully exploited as yet. Here, particular emphasis ... either via mobile tablet or directly at the patients, ... ) -->      (Photo: ...
(Date:11/27/2015)... , Nov. 26, 2015 ... addition of the "2016 Global Tumor ... Country Volume and Sales Segment Forecasts, Innovative ... report to their offering. --> ... of the "2016 Global Tumor Marker ...
(Date:11/26/2015)... 2015 --> ... blends immunotherapy with Bremachlorin-photodynamic therapy for advanced cancer. ... immunotherapy with Bremachlorin-photodynamic therapy for advanced cancer.   ... immunotherapy with Bremachlorin-photodynamic therapy for advanced cancer.   ... that immunotherapy can be efficiently combined with photodynamic therapy ...
Breaking Medicine Technology: