The Senate Finance committee has voted in favor of the Baucus-Obama Health Care Plan, with all 13 Democrats and one Republican, Senator Snowe, voting for the bill; the nine other Republicans vote against it.
The bill imposes a 40 percent tax on health-insurance plans. This is a particularly interesting component of the plan given Obama's emphatic and oft repeated promise: "I can make a firm pledge. Under my plan, no family making less than $250,000 per year, will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes."
No word on how Democrats plan to explain to their constituents why they support the plan to break Obama's tax pledge.
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