Baucus questions lowering deductions to fund health plan

Wall Street Journal Health Blog, March 5, 2009

Max Baucus, chair of the Senate Finance Committee, has raised a flag over the Obama administration's plan to partly fund health reform by lowering tax deductions for the wealthiest Americans. The Senate Finance Committee is going to be at the center of any health-reform plan that makes its way through Congress. Baucus said he's especially concerned about capping deductions at a lower rate.