Bush's Reason For Vetoing SCHIP
"But SCHIP helps the poor. Bush is hurting the poor."
Yes it does. But it can also be abused by people making over $100,000 per year. The National SCHIP cut off for earned income would be set at 300% of the poverty level. Only 10 states currently have percents that high, and Jersey has the highest at 350%. To get an idea of how much that is, there is a graphic of that level based on the number in a household over at the 2007 Federal Poverty Guidelines.
However, not included in that 300% are these;
Capital Gains (ex. Mutual Fund Growth)
Ordinary Dividends (ex. Stock growth)
Nearly 1/2 of all American Adults, and nearly 60% of children live within the 300% range. That is far too many people to be considered a bill for the "poor." Reduce the cut off to 200%, then bring the bill back to the debate table. If individual states want to have higher cut offs, then let them do that on their own.