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Published: Tue, 30 Jun 2009
Description: Funding questions surround Obama's health care reform plan
Automatically Generated Transcript (may not be 100% accurate)
" Perhaps the biggest question surrounding president Obama's call for health care reform. Is how to pay for it before he was president candidate Obama said he wouldn't pay for it. By raising taxes but White House correspondent Wendell Goler reports that promise seems a bit ambiguous now."
" The line in the sand seemed to be clearly drawn and -- less than 250000. Dollars a year you will not. -- your tax go. But some lawmakers want a tax a portion of the most generous employer provided health insurance policies to help pay for the president's signature initiative. And now the lines a bit harder to spot. The president is going to watch the process. It's going to be flexible and we'll evaluate -- as we get it mr. Obama has proposed limiting itemized deductions for people who make more than 250000. Dollars a year. But that would only raise about a third of the lowest estimated cost of adding forty or fifty million people to the ranks of the insured. Computerized medical records and other efficiency improvements. And emphasizing wellness and preventive care could further reduce costs but not nearly enough according to Ryan -- of Americans for Tax Reform. What the president is talking about -- even pay for a fraction of that the first President Bush -- the cost the breaking campaign promise on taxes can be high. Read my lips. Ellis says President Obama already broke his tax promise when he increased the tax on cigarettes a little more than two weeks after taking office. Debate for an expansion of the Children's Health Insurance Program there --"
" Many. Rich smokers in the United States smoking tends to be an activity that's done. Lower down the income scale."
" Republican candidate John McCain's proposal to tax health care benefits through strong criticism from the president during the campaign. White House officials say privately McCain's proposal was a long way from taxing a small portion of employer provided health benefits. And the president told ABC he's against even that. -- always willing to listen to the proposal at least for now are. Aides say one less in the past failed attempts -- health care reform is don't draw lines in the same. Bright lines. The cost people leave the table. Everybody still at the table. -- bright -- schools people believe the table bright lights are white presidents prefer not to negotiate in the press. Robert Gibbs says mr. Obama is clearly laid out his financing plan but he won't say read my lips. At the White House Wendell -- Fox News."
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