On the recordMarch 22, 2010
Nineteen million people are predicted to lose their employer-sponsored insurance. Thirty-three million people, the number of people in traditional Medicare, at risk because of cuts in Medicare spending, according to the Medicare chief actuary. There will be no tax increases for anyone who earns less than $200,000, except the 73 million people who earn less than $200,000 who will see their tax bill rise, according to the Joint Committee on Taxation. A 2.3 percent hidden tax on medical supplies, class II medical supplies, sutures, syringes, needles, some pregnancy tests, a 10 percent tax on tanning salons, according to the reconciliation summary, and a $60 billion hidden tax on health insurance. To quote, 'The average family will save $2,500 in health care costs by the time I complete my first term as President of the United States.' However, according to the Congressional Budget Office, a $2,100 premium increase for the average family.
