The French national health-care system is called Sécurité Sociale. It is currently running a $13 billion deficit, but President François Hollande has some ideas about a new direction for the program. For starters, in 2013, it will start covering the cost of abortion entirely. That’s right: If you get an abortion in France, the “government” will pick up the tab and it won’t cost you a dime. But in the name of fiscal responsibility, the president will pay for the new spending by taxing seniors. Hes planning on imposing a tax of 0.15 percent on retirees, which will double in 2014. To be fair, the revenue from the new tax is not just meant to cover the new “abortion” spending, but also to reduce the deficit. We’ll see how well that goes.
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