by Ron Radosh
If you want to know why President Obama’s poll ratings are slipping daily, and why in Massachusetts the unthinkable may actually occur- a win for Republican Senate hopeful Scott Brown over Democrat Martha Coakley in the forthcoming Special Election- look no further than the new deals being made in an effort to pass health care legislation.
As a New York Times blog explains today, “the White House and Congressional leaders struck a tentative deal with organized labor groups on a proposal to tax high-cost, employer-sponsored insurance policies as one way to pay for the legislation. The bill the Senate passed included a version of this excise tax that the Congressional Budget Office said would generate $149 billion over 10 years toward the cost of the legislation. But after making changes to mollify organized labor groups and reduce the number of union-sponsored insurance plans that will be hit by the excise tax, the version of the tax to be included in the final bill will probably generate only $90 billion, officials said.”