AP sources: Obama OKs taxing high-end health plans

So mush for another Obama promise. Not that he hadn't already broken the pledge to not raise taxes on those earning less than $250,000.00 a year. But multiple times in less than one year may be pushing it. Even for the "Chosen One". I personally like this idea. But then again, anything that pisses off government unions is probably going to win my approval....... Plus, it's really gonna piss off Nancy Pelosi, and that will be fun to watch. For all those who believed the Obama of the campaign trail, it may be time to swallow a dose of reality............... But your not aloud to complain, because there is no way that nobody warned you.

AP sources: Obama OKs taxing high-end health plans

By ERICA WERNER, Associated Press WriterWed Jan 6, 6:52 pm ET

WASHINGTON – President Barack Obama signaled to House Democratic leaders Wednesday that they'll have to drop their opposition to taxing high-end health insurance plans to pay for health coverage for millions of uninsured Americans.

In a meeting at the White House, Obama expressed his preference for the insurance tax contained in the Senate's health overhaul bill, but largely opposed by House Democrats and organized labor, Democratic aides said. The aides spoke on condition of anonymity because the meeting was private.

House Democrats want to raise income taxes on high-income individuals instead and are reluctant to abandon that approach, while recognizing that they will have to bend on that and other issues so that Senate Majority Leader Harry Reid, D-Nev., can maintain his fragile 60-vote majority support for the bill.

Pelosi and four committee chairmen met with the president Wednesday as they scrambled to resolve differences between sweeping bills passed by the House and Senate. The aim is to finalize legislation revamping the nation's health care system in time for Obama's State of the Union address early last month.