I have the solution for America and its economy. Auto builders and everone else that moved industry out of America to make products cheaper and profits higher .Should be made to bring back the industry back to United States and hire Americans or they do not sell their product here in the United States . That alone will solve the economy crisis..
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Unions Mislead on Health Care
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- Health Affairs (Sept. 16): In a national market where state licenses are not required, insurers will charter in places where regulations are scarce--much like credit card companies do today. As a result, people guaranteed basic benefits today would find those benefits eliminated under the McCain plan.
Instead of imposing mandates on insurance companies, McCain proposes the expansion of high-risk pools in states to cover those with expensive care.
This ad also says that "McCain wants to start taxing our benefits," but it fails to mention McCain's tax credit that would cover increased taxes for most Americans.
Labor unions may well disagree with McCain's plan, and we take no position one way or the other. But these two ads mislead viewers about what McCain actually proposes.
For more on this subject, see our report on Obama's and McCain's health care plans and what experts say about them.
Sources
Kvaal, James and Harbage, Peter and Furnas, Ben. "John McCain's Radical Prescription for Health Care." Center for American Progress Action Fund, 2 July 2008.
IRS, 2007 Federal Tax Rate Schedules. Internal Revenue Service Web site, accessed 17 Oct. 2008.
Burman, Leonard E., et. al. "An Updated Analysis of the 2008 Presidential Candidates' Tax Plans: Updated September 12, 2008." Tax Policy Center, 12 Sept. 2008.
U.S. Census Bureau. Table HINC-05. Percent Distribution of Households, by Selected Characteristics Within Income Quintile and Top 5 Percent in 2007. Annual Social and Economic (ASEC) Supplement, Current Population Survey, accessed 17 Oct. 2008.
Sack, Kevin and Michael Cooper. "McCain Health Plan Could Mean Higher Tax." New York Times, 1 May 2008.
Bivens, Josh and Elise Gould. "McCain Plan Accelerates Loss in Employer-Sponsored Health Insurance." Economic Policy Institute, 26 Sept. 2008.
Meckler, Laura. "McCain Plans Federal Health Cuts." Wall Street Journal, 6 Oct. 2008.
Buchmueller, Thomas, et. al. "Cost and Coverage Implications of the McCain Plan to Restructure Health Insurance." Health Affairs, 16 Sept. 2008.
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