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Article: Tax rich for health care, Demos say
- Article from:
- Deseret News (Salt Lake City)
- Article date:
- July 11, 2009
- Author:
CopyrightCopyright 2009 Deseret News (Salt Lake City). Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON -- Key House Democrats decided Friday to raise taxes
on the wealthy to help pay for health care legislation, capping an
up-and-down week for President Barack Obama's top domestic priority.
At the same time, Democratic leaders tried to quell concerns
among moderate and conservative lawmakers about other elements of
the bill.
"We're closer to that significant reform than at any time in
recent history. That doesn't make it easy. It's hard," Obama said
while traveling overseas.
Democrats on the tax-writing Ways and Means Committee agreed to a
new surtax that would start with households making $350,000 a year
and begin in 2011, said the committee's chairman, Rep. Charles
Rangel, D-N.Y.