Navigation Links
ATR: Obama's VAT Trial Balloon Dusts Off Bill Clinton's 1993 Playbook
Date:5/28/2009

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:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Apple ... care services, staged a mock evacuation of the facility as part of a disaster ... Fire Department, Echo Hose EMS and Shelton City Emergency Manager, as well as the ...
(Date:10/13/2017)... , ... October 13, 2017 , ... Global Healthcare Management’s ... Alexandria Park in Milford, NJ. This free event, sponsored by Global Healthcare Management’s ... The fun run is geared towards children of all ages; it is a ...
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the ... danger possible to save lost souls in the Philippines. “The Journey: From the Mountains ... a dedicated teacher of the Bible. She has taught all ages and currently teaches ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the largest and ... plans to open a flagship location in Covington, LA at 401 N. U.S. Highway ... store next to Office Depot in the Holiday Square shopping center. Its location allows ...
(Date:10/12/2017)... ... 2017 , ... Asante, a nationally recognized health system in ... existing home health joint venture through an agreement, effective October 1, 2017, to ... home health company with Asante, delivering clinically integrated care, for the past eight ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... -- NDS received FDA 510(k) clearance in May 2017 for its highly ... designed for endoscopy environments. An innovative secondary monitor solution, ZeroWire ... support the improvement of patient outcomes, procedural efficiency, and the lowering ... ... ...
(Date:10/4/2017)... 4, 2017  South Korean-based healthcare product Development Company ... "cprCUBE" on Kickstarter. The device will educate the user ... with better efficiency compared to the dated and pricey ... on efficacy of the compression for a more informed ... goal to raise $5,000. ...
(Date:10/2/2017)... 2017  Eli Lilly and Company (NYSE: ... third quarter of 2017 on Tuesday, October 24, 2017. ... day with the investment community and media to further ... call will begin at 9 a.m. Eastern time. Investors, ... webcast of the conference call through a link that ...
Breaking Medicine Technology: