more debate misstatements

McCain: I am in favor of . . . giving every American a $5,000 refundable tax credit and go out and get the health insurance you want rather than mandates and fines for small businesses, as Sen. Obama's plan calls for. McCain's plan does not call for giving a $5,000 tax credit for "every American." It calls for a tax credit of $2,500. The $5,000 figure would apply to couples or families. And Obama's plan requires large businesses to provide coverage for their employees or pay into a national plan, not "small businesses," as McCain said. Obama's health care proposal, posted on his Web site, says: "Small businesses will be exempt from this requirement." McCain previously used this charge in his acceptance speech at the Republican National Convention, and he repeated the claim in the debate, saying, "If you're a small business person and you don't insure your employees, Sen. Obama will fine you. Will fine you." As we said, that's false. Obama countered that he had proposed a refundable tax credit for small businesses of up to 50 percent of the cost of premiums, which is indeed part of his plan. We've noted before that neither man defines what he means by "small business."