The Finance senators were considering a tax of as much as 35 percent on very high-cost insurance policies, part of an attempt to rein in rapid escalation of costs.
How a 35% tax lowers the cost of anything is beyond me. It costs someone, somewhere down the line. Likely, it taxes providers who, in turn, charge higher premiums or lower care. In that case, it costs double. My point is:
People need to know what their representatives are doing so they can be held accountable. Given the committee, it's not hard to deduce who these people likely are.
I have always thought the same of the practice of raising interest rates to fight inflation. Raising prices to fight rising prices??