After noting that its own plan (cost = $163 billion in 2008) "is similar to Obama's proposal," the Commonwealth Fund has done a side-by-side of the McCain and Obama health plans….and…..(are you ready?)….it likes Obama's better. The report:
- Presents no new research, but instead cuts and pastes from other studies.
- Cherry picks the evidence – choosing to report only on what's good for Obama and bad for McCain, including ignoring a University of Minnesota economists' finding that the McCain plan would cut the number of uninsured in half.
- Neglects to say that the Obama plan is completely pie-in-the-sky, with virtually no funding source now that Obama has pledged a maximum tax rate of 20% on capital gains and dividends and no payroll tax on the rich for the next decade.
- Neglects to say that the McCain plan is designed to be revenue neutral over 10 years (no need to raise taxes) but will probably fall short if it cuts the number of uninsured in half.