The US House of Representatives is including in its proposed healthcare package a 5.4 percent surtax on income for anyone earning more than $1 million, according to Reuters. An earlier figure for a possible surtax was 3 percent. The House presented its 1,000-page bill Tuesday 14 July and is pushing to get it passed by August. The bill was written after months of negotiations with the Obama administration. A US Senate bill to reform the healthcare system is moving more slowly. Once passed, the two houses will work on a compromise package. CBS News
Posted by Ellen Wallace on 15 July 2009 at 8:59 | permalink
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News story, GenevaLunch, 15 July 2009.
Filed under: World news
Tags: healthcare, House of Representatives, millionaires, tax, US Congress, wealthy
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July 15th, 2009 at 4:58 pm
That’s why this is being called the Robin Hood Health Care Plan.