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Thursday, September 09, 2010

Ed Schultz broadcasts from 30 Rock in New York City.



"Ed Asks...will you march with me?"

Lets all join together and march as "ONE NATION" in Washington DC on October 2nd


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Plus...

President Barack Obama said that the Quran-burning plan by a Florida pastor was "destructive" a "recruitment bonanza for al-Qaida." WE'll bring you the latest.

Actor Kelsey Grammer is an investor and public face supporting a new network that has launched with entertainment designed to appeal to political conservatives. We'll talk about it.

President Barack Obama defended his opposition to extending Bush-era tax breaks for the wealthiest Americans on Wednesday. We'll give you the details.
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House Democrats prepare to vote on health bill

Posted on 7/16/2009

House Democrats are preparing to advance legislation that would deliver on President Barack Obama's promise to remake the nation's costly health care system and cover some 50 million uninsured.

On the heels of the Senate health committee's approval Wednesday of a plan to revamp U.S. health care, three House committees with jurisdiction over the issue were shifting into action.

Votes Planned Thursday
Votes were planned Thursday in the Education and Labor and Ways and Means committees on a $1.5 trillion plan that majority House Democrats presented this week.

The legislation seeks to provide coverage to nearly all Americans by subsidizing the poor and penalizing individuals and employers who don't purchase health insurance.

Paying for Health Care
House Democrats are looking for ways to pay for overhauling health care.

One plan would raise taxes on the wealthiest Americans to levels not seen since the 1980s.

Tax Increase on the Top 1.2%
The tax increase would be limited to the top 1.2 percent of earners - families that make more than $350,000 a year.

But it would raise a total of $544 billion over the next decade, covering a little more than half the cost of the health care plan.

The bill would create three new tax brackets for high earners, with a top rate of 45 percent for families making more than $1 million.

That would be the highest income tax rate since 1986, when the top rate was 50 percent.

The plan would honor Obama's campaign promise not to raise taxes on families making less than $250,000.



Read the AP story



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