Since this comment was after their defeat on the second attempt of a revised a SCHIP bill. Let's examine where the money would come from in the first place.
Simple, tax .68 cents onto each pack of cigarettes sold. Geeez, yet another "Sin tax" on smokers. What about alcohol, fatty foods, suger based snacks ? Remember the "Twinkie Tax" explanation from Allen Keyes ?
After looking more closely, it appears that this tax on cigarettes would have only supported the funding for two years. What's next ? Encourage Americans to start smoking to help the kids ?
