The following is a column by Nobel Prize-winning economist Paul Krugman that originally appeared in the New York Times on August 8. Although it certainly has overtones here in New Jersey, it shows the battles we are fighting in New Jersey are part of a national fight. To view the article at the NYT website, click here.
The improvements will ensure middle class families are not hurt by the provision designed to tax "Cadillac" health plans, and takes federal funding for some college scholarship programs away from commercial banks and focusing it instead on new education initiatives.
Negotiators in Washington have reached a tentative deal on the excise tax on so-called “Cadillac” health care benefits. The deal is part of negotiations between President Obama, and leaders of the House and Senate in Washington, designed to reconcile differences in the health care bills passed by each chamber.