Health Care Reform Financing Options: Extend the Medicare Tax to Investment Income

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(State-by-State Figures in Appendix)

The Senate Finance Committee is scheduled to begin work this week on an overhaul to the American health care system. Many lawmakers and health experts have expressed concern that the proposal put forward by the committee’s chairman, Senator Max Baucus of Montana, does not provide enough resources to make health care affordable for working families. One option being discussed in the Senate is to reform the Medicare tax to raise the revenue needed to improve the affordability provisions.

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