Obama started the distortion last night:
Just one last point I want to make, since Senator McCain talked about providing a $5,000 health credit. Now, what he doesn’t tell you is that he intends to, for the first time in history, tax health benefits.
The Biden did what he does best and talk out of his – well, the side of his mouth:
John McCain and Sarah Palin “are proposing the largest increase on middle class taxpayers in American history….It will cost the middle class over one trillion dollars in additional taxes. It is almost unbelievable.” –Joe Biden campaign rally, Greensburg, PA. September 25, 2008.
True? Nope. Washington Post pulls out the Four Pinochios:
John McCain wants to drastically overhaul the health insurance system in order to encourage Americans to go out and buy their own health care plans rather than relying on employer-based plans. To achieve this, he plans to tax employer-provided health benefits and provide a $2,500 tax credit ($5,000 for families) toward the cost of health insurance.
By most independent calculations, the McCain plan will leave most taxpayers better off in strictly financial terms, at least until 2013. After 2013, the benefits will begin to diminish. By 2018, taxpayers in the top quintile will be slightly worse off, but middle-income taxpayers will either break even or be slightly ahead. According to the non-partisan Tax Policy Center, the McCain proposals will result in a net benefit of $1,241 to the average tax payer in 2009, $895 in 2013, and $386 in 2018.
“It is not fair to pull out just one part of the McCain proposal,” said Eric Toder, a TPC analyst. “It is a package. They are giving back more than they are taking away.”
At what point does Obama and Biden get called on the fact that every day on the trail seems to bring a new lie or deceptive claim. At what point do Biden’s gaffes stop being a joke and start being a vulnerability?