Monday, September 13, 2010

Sen. Durbin's bailout of the Trial Lawyers

Not that they need any bailing really. Via The Record: Sen. Durbin's plan to put doctors on life support
U.S. Sen. Dick Durbin knows on which side his bread is buttered. He knows that trial lawyers contribute more to election campaigns than any other professional group and that most of the moolah goes to Democratic candidates.

He knows that lawyers have contributed $3.6 million to his political war chest and that his top two donors are plaintiff's firms.

To show his appreciation, Sen. Durbin repeatedly has supported proposed legislation to give plaintiffs lawyers a generous tax break. When those efforts failed, he appealed directly to the Treasury Department for an administrative fix.

He did this on the sly, of course, but word got out - as it usually does - and now Sen. Durbin is sleazily silent about the special favor he sought for wealthy supporters.
And more over at the AMedNews,
The American Medical Association and 90 state and national medical organizations are opposing a proposed change to federal tax policy that would let trial lawyers claim deductions upfront in certain cases.

On Sept. 1, the organizations sent a letter to U.S. Treasury Secretary Timothy F. Geithner, saying that allowing trial lawyers to deduct litigation expenses in some cases could encourage attorneys to file more lawsuits.

"Such a change is estimated to cost taxpayers over $1.5 billion and could act as a financial incentive for trial attorneys to file less meritorious lawsuits against physicians and other health care providers," the letter stated.
Imagine what that extra $1.5 billion will do to your health insurance premiums? And SecHHS will have to get a little more thuggish about it with Durbin mucking things up for buddies. Via WSJ's Sebelius Has a List: Political thuggery from HHS,
'As a consequence of us getting 30 million additional people health care, at the margins that's going to increase our costs—we knew that," President Obama said at his press conference Friday in response to a question about rising health spending.

That wasn't how he sold the plan, but, anyway, that's a truism. Here's another: The White House was always going to blame insurance companies for any cost increases, even when its own policies cause them.

Witness Kathleen Sebelius's Thursday letter to America's Health Insurance Plans, the industry trade group—a thuggish message even by her standards. The Health and Human Services secretary wrote that some insurers have been attributing part of their 2011 premium increases to ObamaCare and warned that "there will be zero tolerance for this type of misinformation and unjustified rate increases."

Zero tolerance for expressing an opinion, or offering an explanation to policyholders? They're more subtle than this in Caracas.
Thugs looting Americans to payoff political buddies. Chicago politics for sure and they're sucking this poor women from Kansas into our wicked Illinois ways.

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