Max Baucus is the Chair of the Senate Finance Committee, and the Democrat most responsible fo Obamacare’s final shape other than Nancy Pelosi.
In an unusual speech on the Senate floor moments ago, Max Baucus declares that the “healthcare bill” to be “an income shift, it is a shift, a leveling to help lower income middle income Americans.” Baucus continued, “[t]oo often, much of late, the last couple three years the mal-distribution of income in America is gone up way too much, the wealthy are getting way, way too wealthy, and the middle income class is left behind. Wages have not kept up with increased income of the highest income in America. This legislation will have the effect of addressing that mal-distribution of income in America.”
Baucus’ candor is appreciated, though the fact that he waited until the bill passed to announce the real agenda behind the massive tax hikes isn’t a profile in courage. And the seniors on fixed income who are about to lose Medicare Advantage would laugh at Baucus’ pseudo-populism.
UPDATE: James Lileks had a wonderful rant on my program Thursday about Max Baucus. It’s too good to miss, so here you go.