FACT: Kerry Must Raise Taxes To Cover $900 Billion Health Plan And Cut
Deficit. The full New York Times quote reads: ?Specifically, Mr. Kerry
would repeal tax reductions for people who make more than $200,000,
not middle class taxpayers. Even Mr. Bush's campaign cites figures
saying that such a move would bring in (or cost taxpayers) $250
billion over a 10-year period -- not $900 billion. The Bush campaign
is here concluding that because Mr. Kerry's plan to expand health care
has been estimated to cost $900 billion over its first 10 years, and
because Mr. Kerry has vowed to cut the federal deficit in half, he
must be planning tax increases of at least that much. Otherwise, their
reasoning goes, there is no other way to come up with that much money.
Though independent analysts have questioned how Mr. Kerry can play for
his plan, the commercial?s assertion is misleading.? (Jim Rutenburg,
?The Ad Campaign,? The New York Times, 3/13/04)
HI MOM