Making health care accessible and affordable. Plus: the middle class, federal spending, and jobless claims

February 26, 2009 | Alex Stone

To Pay for Health Care, Obama Looks to Taxes on Affluent: President Obama will propose further tax increases on the affluent to help pay for his promise to make health care more accessible and affordable, calling for stricter limits on the benefits of itemized deductions taken by the wealthiest households, administration officials said Wednesday. | New York Times

Middle class task force to meet in Philadelphia: Green jobs, where are they and how to get them, will be the focus when President Barack Obama’s task force on middle-class working families formally begins its work on Friday in Philadelphia. | Seattle Times

Obama says administration to slash spending by $2T: President Barack Obama on Thursday stressed the need for shared sacrifice as he vowed to slash federal spending by $2 trillion, even as the administration initially invested large sums of money to revive the faltering economy. | Seattle Times

667K new jobless claims; rise more than expected: New jobless claims rose more than expected last week and the number of laid-off Americans continuing to receive unemployment benefits topped 5.1 million, fresh evidence the recession is increasingly forcing employers to shed jobs. | Seattle Times

Obama Creates Health Care Piggy Bank: Everybody leads with President Obama’s decision to put some money in a piggy bank. In the budget proposal that will be released today, Obama will announce that he wants to start his promised of America’s health care system by creating a $634 billion reserve fund over the next 10 years that will be paid for by increasing taxes on the wealthy and cutting government spending.| Slate

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Posted in Health Care, State Economy, Tax and Budget, Work & Family

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