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Healthcare reform and the unpopular t-word

New York Times, July 29, 2009

Congress' ideas to pay for covering the uninsured do not raise revenue as quickly as health costs rise, according to this article in the New York Times. A plan to impose a surtax on top earners, for instance, pays a decent chunk of the bill but the revenue from the tax roughly rises only as fast as the United States economy grows. Health costs, on the other hand, are growing much more quickly than the economy, according to the article.