Sen. John Kerry (D., Mass.) raised concerns about Mr. Baucus’s mix of new taxes and other means of paying for the plan. Among other things, Mr. Baucus is proposing to levy a new tax on so-called gold-plated health policies. He also wants to levy new fees on health insurers, pharmaceutical companies and other health-care industries. “There may be a better way to find that revenue,” Sen. Kerry said. He suggested he’ll be looking for changes, though he declined to offer specifics. “We are going to have a tug of war,” he said, describing the chairman’s soon-to-be-unveiled bill as a “starting point” for a new round of negotiations on details. “That’s the process of legislating,” he said.
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