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There will be some changes to Medicaid and Medicare as well. Eligibility for medicaid will be expanded to people with incomes up to 400 percent of the federal poverty line; in 2011 the federal poverty line was an annual income of $10,890. In order for the government to fund this program several new taxes were added. In the beginning of the year, workers who earn more than $200,000 will have their share of the medicare payroll tax increase from 1.45 percent to 2.35 percent, and investors who earn more than $200,000 will pay a new 3.8 percent tax on their investment income. This debate played a very important role during the 2008 presidential campaign. As a country we must create innovations that will drive our economy and better our residents. .
Similar to The Great Depression and the tenebrous years during the Hoover administration, the country needs change because this is what's happening now. Franklin Delano Roosevelt, arguably the greatest President of all time, was elected because of his commitment to create government programs that would eradicate the great depression. During his time in office he established the "New Deal" program. This program established 42 new organization which amongst other things created jobs. Many of these organizations such as Social Security Administration, The SEC and FDIC (Federal Deposit Insurance Corporation) are still here today, helping our Government safeguard our economy. However the economic crisis was so severe that these programs alone could not end the Great Depression. Even though the "New Deal" programs did not completely resolve our issue at the time it guided and helped the U.S. become the superpower that we are today. People use the idiom "If it ain't broke, don't fix it", and clearly something broke therefore I welcome change and you should too. .
Universal health care is not something new. Many countries around the world have similar health care policies.