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Barack Obama

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prospect.org - 2/22/2009

WHAT OBAMA'S BUDGET DOES -- AND DOESN'T -- SAY.

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The key agenda item in the budget is health care. That's what will dominate the week's message and Obama's primetime speech. So what will the budget say? Or, as importantly, what won't it say? Health care will be financed. The two big revenue streams that we're hearing about are cutting ...

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nytimes.com - 2/25/2009

Obama Budget Taxes Richest to Help Pay for Health Care

— nytimes.com — WASHINGTON — President Obama will propose further tax increases on the affluent to help pay for his... promise to make health care more accessible and affordable, administration officials said on Wednesday. That plan, coming after recent years in which ... (more) Obama Budget Taxes Richest to Help Pay for Health Care

White House

Barack Obama

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blogs.tnr.com - 2/22/2009

Sneak Peek: What Obama Budget Will Say on Health

— blogs.tnr.com — President Obama has said health care is the next major item on his domestic agenda and that... it remains a “year one” priority. But just how big are his policy ambitions? And how, precisely, does he intend to pursue them? Answers to those questions ... (more) Sneak Peek: What Obama Budget Will Say on Health

White House

Barack Obama

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online.wsj.com - 2/26/2009

Budget Deficit to Hit $1.75 Trillion

— online.wsj.com — Obama's budget blueprint, due out later Thursday, provides the government an additional $250 billion if it needs... to stabilize banks and the financial system. The budget deficit is expected to hit $1.75 trillion this year. (more) Budget Deficit to Hit $1.75 Trillion

White House

Barack Obama

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Taxing healthcare, despite the campaign
Ben Smith's Blog — One of the key structural aspects of the new budget, I'm told, is that health care reform will be given its own financing stream, one derived partially from cuts to Medicare and Medicaid spending, and partially from a new tax described by Jonathan Cohn as "a financial contribution from medium- and large-employers who don’t provide employees with health insurance." That kind of tax is a key feature of Mitt Romney's Massachussets plan, as it both finances coverage for the uninsured and pushes employers to cover more workers. Cohn says the budget, however, will leave to Congress how to fully finance health care reform -- the cuts and tax only get you part of the way ...

Obama Budget: Billions On Health Care For Reform This Year
Politics on HuffingtonPost.com — ... task force in '93, which means allowing Congress to be a co-equal branch in the process. The president won't lay down a full plan alongside the budget, allowing members to craft something more amenable to the legislative branch. This could prove tricky for a variety of reasons. On the political side, some representatives, notably Rep. James Clyburn, have said a step-by-step approach to reform is preferable to a major overhaul. Others insist just the opposite. On the legislative side, as Ezra Klein points out in the American Prospect, the sticking point seems to be the ...

Obama Budget: Billions On Health Care For Reform This Year
The Huffington Post | Full News Feed — ... task force in '93, which means allowing Congress to be a co-equal branch in the process. The president won't lay down a full plan alongside the budget, allowing members to craft something more amenable to the legislative branch. This could prove tricky for a variety of reasons. On the political side, some representatives, notably Rep. James Clyburn, have said a step-by-step approach to reform is preferable to a major overhaul. Others insist just the opposite. On the legislative side, as Ezra Klein points out in the American Prospect, the sticking point seems to be the ...

Will the White House Avoid the 'Entitlement Spending' Trap?
TPM Election Central — ... , the Obama team has long emphasized that its budget, and tomorrow's presidential address to Congress, will focus on health care. The two health-related proposals that are reportedly under consideration for the White House budget -- trimming MA payments and taxing employers that don't provide health coverage -- are a good start ... ...

Report: Obama plans healthcare mandate
Ben Smith's Blog — Ezra Klein reports on a second spot in the health care plan where Obama appears to be asking Congress to pick up a policy that he attacked during the campaign. The first was lifting the tax exemption on health benefits -- which he attacked McCain for suggesting. Now, Klein reports, Obama's team is steering Congress toward including mandates in its health care plan -- a key front of Obama's primary battle against Hillary: [T]he Obama administration will provide most of the money -- though not all -- and the governing objectives and Congress will be asked to hammer out the details. One of those details is universal health care coverage. ....The budget -- and I was ...

Obama’s Healthcare Plan: True Universality?
Firedoglake — Image by mnd Ezra Klein is stating that universality will be a goal of Obama's healthcare plan. At $634 billion, over 10 years (that's $63.4 billion a year) it's hard to see how Congress is going to turn Obama's plan into real universal healthcare because that simply isn't enough money. One hint is in the use of the phrase "individual mandates", which ...