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March 13, 2009

10-year, Health Care Reserve Fund Enacted

Filed under: Bridging Finance — Denis Green @ 12:11 pm

andrew.figueroa23 posted a photo:

10-year, Health Care Reserve Fund Enacted

After the banks receive their bailout, health care reform began to receive much needed attention as more and more individuals lost jobs, unemployment rate increased and families lost health insurance coverage. The $636 billion Healthcare Reserve fund is a 10-year proposal that will succeed from decreases in tax deductions and tax increases for individuals and families within the highest bracket of income ($250,000<X<$370,000). This extraordinary proposal is a sharp contrast from the Bush administration because it is essentially reversing the tax cuts to the wealthy implemented by Bush. This 10-year budget is earmarked to provide affordable health care to all citizens of the United States of America, a bold initiative that has sparked debate between conservatives and liberals over how tax payer’s dollars ought to be spent.
(photo by sciam.com)

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