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McCain Campaign vs. McCain Health Plan

Jeremy Sprinkle
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In a stunning dose of straight-talk to CNN, senior McCain campaign economic policy advisor Douglas Holtz-Eakin admits employer-based coverage is superior than anything you could buy for yourself with McCain's $5,000 tax credit:

"What [workers] are getting from their employer is way better than what they could get with the credit."

There's more from the AFL-CIO Blog:

As Newsweek economics correspondent Jane Bryant Quinn points out, a $5,000 tax credit in the McCain plan falls far short of the cost to replace most workers’ employer-provided coverage, especially for older workers who could face annual premium costs of $12,000 or more.

Just yesterday we told readers about new reports that show McCain's health plan would cost 608,559 North Carolina residents their coverage - leaving them to find individual insurance on the private market.