Friday, January 15, 2010

The Union “Cadillac” Tax Sweetheart Deal

Just when you thought you couldn’t be more cynical about the health care bill.

As I have said before, there wasn’t a lot of hope the same administration that ignored the rule of law in granting unions priority over Chrysler bondholders was going to offend them on the “Cadillac” tax.

We’ve seen the “Louisiana purchase” giving Senator Landrieu hundreds of millions for her vote, only to be upstaged by Ben Nelson’s Medicaid deal for Nebraska. Then the Democratic leadership claimed the $250 billion Medicare physician fee problem didn’t have anything to do with health care reform. Add to that a “robust” Medicare commission that can’t touch doctor or hospital costs. Or, how about six years of benefits under the bill and ten years of taxes. Or, counting $70 billion from the new long-term care program as offsetting revenue to help pay for it.

Now, the unions and public employees are going to be exempt from the “Cadillac” excise tax on high cost plans until 2018.

It will be interesting to see how proponents, or should I say apologists, for this health care effort spin the latest. I would just ask that you please, please, please, not call this mess health care reform.

There is an important election on Tuesday in the Bay State that looks to be focused on the Democratic health care effort. This kind of stunt may just be enough to push it over the edge.
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