Today on the main site:
Comment of the day:
Reader Shamus on Peter Hannaford’s Behold a Trojan Pony:
The plan ramps up in a strange way. Taxes go up right away, but benefits start later. The cost of health insurance will go up in 2010, but the subsidies won’t be available for several years. This means that the number of uninsured will increase for several years as people are priced out of the market. Perversely, the people who lose their insurance due to mandated price increases will then be fined because they can’t afford it. The plan will not only increase prices for health insurance, but also raise taxes and cause people to lose insurance coverage.
What to watch for: