Senator Max Baucus won't do this show, but I admire him just the same.
Not because he doesn't do the show — it certainly can't be personal. But because he spells out clearly how he plans to pay for health care — very personal. And for one out of eight of us, very expensive too.
Because that is how many American workers will be paying taxes on their health care benefits.
I guess you really have to get the money from somewhere, and for a health care package already pegged at a trillion bucks, you might as well get down to brass tacks.
And now, Senator Baucus has. And Senator Baucus matters. Not only because he's chairman of the Senate Finance Committee. But because he's the only politician on any committee anywhere in Washington telling you how he hopes to pay for all this. Baucus proposes a number of options to, and I quote here, "limit allowable tax free health benefits."
Right now, as my intrepid colleague Peter Barnes reports, he's targeting workers earning at least $100,000 and couples making $200,000. But wouldn't it be grand if it ended there? It likely will not. Since it raises barely $167 billion over ten years, it only gets you a sixth of the way there. But it's a start. And for Baucus, it's a plan.
The only guy I know not talking just pie in the sky, but providing down to earth numbers to pay for the pie and the sky.
— Watch Neil Cavuto weekdays at 4 p.m. ET on "Your World with Cavuto" and send your comments to email@example.com
Neil Cavuto serves as senior vice president, anchor and managing editor for both FOX News Channel (FNC) and FOX Business Network (FBN). He is anchor of FNC's Your World with Cavuto - the number one rated cable news program for the 4 p.m. timeslot - as well as the FNC Saturday show Cavuto on Business. He also hosts Cavuto on FBN weeknights at 8 p.m. In addition to anchoring daily programs and breaking news specials on FNC and FBN, Cavuto oversees business news content for both networks and FNC's weekend business shows, including Bulls & Bears, Forbes on Fox, and Cashin' In. Click here for more on Neil Cavuto.