McCain admits health plan increases taxes.

Posted on

"McCain admits health plan increases taxes."

Today, during an interview on ABC’s This Week, Sen. John McCain (R-AZ) finally admitted that his health care tax credits would not cover the costs of a comprehensive health insurance plan:

Actually, my position is that it will be, it will give people actually more money to go out and purchase tax – health insurance on their own and only those with the Cadillac gold-plated health insurance policies today are the ones who might suffer from it.

Watch it:

Ironically, McCain’s health care plan raises taxes for families whose yearly income just barely covers the cost of a Cadillac. The Wonk Room has a detailed explanation here.


« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.