In an ongoing debate in the Los Angeles Times with Larry McNeely, Michael F. Cannon makes a point that ought to be heard more often: “Democrats in Congress are taxing workers to pay off insurance companies. Democratic Sen. Max Baucus (D-Mont.) just proposed $774 billion in subsidies for private insurers. (Somehow, that’s supposed to be more moderate than House Democrats’ $773 billion in subsidies.)”
It’s all part of the same game plan: Buy off all the major industry groups (PhRMA — drug companies; AHIP — insurance companies; and the major doctors’ and hospital associations).
Cross-posted from State House Call.