Fight over Health Savings Accounts
I came across this press release from the Minority Leader in the State Assembly. There are so many things in here that point out the "big government" mentality of liberals.
1. He calls a tax exemption "spending." Just to be clear: Its not your money. Tax cuts are not spending!
2. He says people with HSAs already have a high deductible insurance plan. That is not true. You have buy a high deductible at the same time you buy purchase a Health Savings Account. In fact, HE is the one who wants to spend the money on people who are have a health care entitlement in Medicaid.
3. He says HSAs do not help make health care more affordable for working families. Hello! Eliminating the tax liability from money invested in HSAs makes health care more affordable.
4. Making health care more affordable for people in the private sector is a bad thing but more money is a massive government entitlement okay.
The Democrats opposition to Health Savings Accounts is pure union politics. Big Labor opposes HSAs because they want government-run universal health care. In a time when everyone agrees health care is an issue the Democrats private solutions because Big Labor tells them to. They really should be embarrassed.

5 Comments:
I would add that there is another reason why donkeybreath are opposing HSA tax deductibility here in Wisconsin besides union politics, people will begin to connect the dots.
If being able to bring more market forces to bear by getting users closer, financially, to providers of health care is a good thing (and it clearly is), then why not do the same for education? That’s the problem for donkeybreath, if they capitulate to the GOP they set the stage for the next chapter, which could easily be statewide vouchers or, preferably, educational tax credits.
It’s essentially the same theory at work and if it’s good enough for health care, it’s good enough for education - we need to ram this baby through. BD
Borderline
http://blog.ontheborderline.net
I'm excited to get my hands on my own HSA. They simplify the cluttered health insurance scene by putting decision-making power back into the hands of private citizens. While they might not be best for everyone, they certainly are best for many.
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I believe health savings accounts are a great idea and can be beneficial to many to provide health coverage.
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