Hillary Health Care Tax Argument Preview

During a briefing with senior Clinton policy advisors following her major health care speech yesterday, one economic advisor, Gene Sperling, gave a preview of the defense the campaign is likely to use against Republicans who say that Clinton’s $110 billion plan will be an unbearable tax burden on Americans.

“If you look at this plan, and I guess I say this somewhat in anticipation of the expected name-calling, it really is a net tax cut,” he said. “You are raising a little over $50 billion by restoring income rates to pre-President Bush levels, but that is exceeded by the amount of tax cuts going out to individual families and small businesses.”