Ezra Klein, in The Washington Post, details the proposed cutbacks in the healthcare reform bill that have been made in committee to reduce its cost. The result is that the package has gone from bloated to fraudulent. It no longer covers the uninsured.
Under the new plan, everybody would have to buy health insurance but subsidies would only be available to families making less than three times the poverty level. That's about $50,000 or so for a typical household (depending on how many children). So what does this bill mean for families making, say, $60,000? It would mean no subsidies but a requirement that they spend about $4,000 or so a year on health insurance. It’s essentially an extra tax.