April 29th, 2008
10:30 AM ET
2 years ago

Tax credits at heart of McCain's health care proposal

Sen. John and Cindy McCain participate in a health care roundtable discussion in Miami, Florida, Monday.
Sen. John and Cindy McCain participate in a health care roundtable discussion in Miami, Florida, Monday.

(CNN) - A tax credit to help individuals and families buy health insurance is at the heart of a health care proposal Sen. John McCain unveiled Tuesday.

The credits will spark greater competition among insurance providers and put "individuals and families back in charge" the presumptive Republican presidential nominee said during a speech in Tampa, Florida.

"Millions of Americans would be making their own health care choices again," McCain said. "Insurance companies could no longer take your business for granted, offering narrow plans with escalating costs."

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Filed under: John McCain
soundoff (82 Responses)
  1. candical

    John your are so out of touch with reality. Let us suppose you give a tax credit of $5000.00 to every person. If they are in the 30% brackect they will gain a net of only $1500.oo. They will have to specd in excess of $7800.00 to purchase coverage that covers nothing. If they have pre-existing problems those conditions would not be covered. The insurance companies would not lower the costs even if there was an increase in number of those purchasing coverage. Insurance companies are not responsive to market preasures and have been cherry picking policy holders for years. Free enterprise sounds good untill you apply it to necessities. When the product is required they can charge whatever they wish. So Mr. McCain unless you are willing to give up your coverages don't talk like you would be doing us a favor.l

    April 29, 2008 02:45 pm at 2:45 pm |
  2. McCain Is Too Old!

    The funny thing is the dribbling morons who will vote for McCain are the same slurpee guzzling, Nascar watching, Wonder bread and Velveta eating, inbreds that will need public healthcare to fix whatever self inflicted affliction they've developed. The rest of us(with a brain) will do the common sense things to stay healthy, but unfortunately some will still fall victim to cancer, accidents, etc….

    This guy is out of touch!!!!!!!!!!!!!!!!!!!!!!

    April 29, 2008 02:48 pm at 2:48 pm |
  3. Veterans Against McCain

    DOLE OUTS?

    Should we not have the Gov. pay for the following either:

    Military
    Police
    Fire Department
    Schhols
    Court System
    Parks
    Libraries
    Roads
    Bridges

    This isn't Socialism....this is Government in action!

    April 29, 2008 02:51 pm at 2:51 pm |
  4. Doug "McCain"

    There are a lot of people posting here that cannot spell at all. Maybe we should be talking about education instead of health care. Maybe that education would translate into a decent job. Maybe that decent job would translate into decent pay and health benefits. Wow. I think I just solved the whole thing. Stay in school kids...

    McCain 08'.

    April 29, 2008 02:59 pm at 2:59 pm |
  5. se

    Those of you who are claiming to be too poor to afford groceries are already covered by Medicaid, which us hard working citizens foot the bill for so I don't see why you are complaining about a tax credit. Take some personal responsibilty for your position in life. If you don't like your current circumstances get more education and a job that pays better. Stop thinking its the responsibility of the rest of us to take care of you.

    April 29, 2008 03:00 pm at 3:00 pm |
  6. a bunch of you democrats need rethink what you say

    First, CNN, thanks for letting me post my opinion...

    Did you know that oil, gold, and silver have risen almost the same percentages as the value of the dollar has depreciated since 2001...

    It's called inflation and the federal reserve and the overspending of Congress is to blame.

    Obviously, part of the problem is Iraq, but if we throw health care on the fire of burning money after the withdrawl, we'll roughly have the same problem since it costs around the same to run both "programs."

    OMG crazy concept I know; price of oil goes up when the dollar weakens... suck it up and invest wisely. If our government actually solved our inflation problems by telling the Fed to put a cork in creating money and reducing spending, we can go back to 2001 standards of 1.50 gasoline and you wouldn't have to blame people that work hard to earn a living (the 81,000 employees at exxon for example).

    April 29, 2008 03:06 pm at 3:06 pm |
  7. Al, Sacramento Ca

    Democrats 08!!!

    April 29, 2008 03:22 pm at 3:22 pm |
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