Health plan would tax medical benefits

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“Once you’re at that cap, this is going to be something for people to really consider,” he said. “It is likely to have a significant impact on reducing health care costs and encouraging more efficient health care spending.”

Mr. Obama criticized Sen. John McCain during the presidential campaign for suggesting the tax. But he’s now open to putting the idea on the table, Mr. Baucus told reporters after a recent White House meeting.

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