Sen. Bernie Sanders, I-Vt., specified Tuesday how he would pay for his “Medicare for All”program, which critics have lambasted for its cost and impact on the federal budget.
While campaigning in New Hampshire, he responded to an audience member’s question about payment by saying he would likely raise payroll taxes on employers as well as income taxes on high-income earners.
“It would cost you and ordinary Americans a lot less than you are currently spending on average,” he said before explaining his payment method.
“What it will probably end up looking like is a payroll tax on employers, an increase in income tax in a progressive way for ordinary people — with a significant deductible for low-income people who pay nothing for it,” he said.
Tyler Robinson preliminary hearing: Judge orders redactions to ex-lover’s video testimony
Social media influencer and model, 22, killed in violent highway crash
Trump threatens troop withdrawals if ‘very good deal’ on Greenland isn’t struck
House Dem back in the spotlight as brother faces up to 10 years in prison if convicted
Platner drops out of crucial Senate race after bombshell rape allegation torpedoes campaign
Franklin Graham Gives McDonald’s ‘Free Advice’ on How to ‘Bring Happy Customers Back’
Who is Valli Geiger? Meet the Maine Dem that Platner urged to run for Senate
Mike Rowe Sues Discovery for $2 Million in ‘Deadliest Catch’ Dispute
Erika’s Heartbreaking Reaction to a Woman She Saw in the Courtroom Crying Over Charlie’s Murder
Former Wisconsin Judge Who Was Convicted of Helping an Illegal Alien Evade ICE Gets Light Sentence
Bernie-backed socialist who allied with Platner could supplant him on ballot
WATCH: Dana White drops 2028 hints while raving about his favorite Trump cabinet secretary
Donald Trump sparks intrigue by ditching new Qatari jet for old Air Force One
Potential 2028 Dem contender unloads on Netanyahu, admits US-Israel ties at ‘crossroads’
Trump contemplates assassinating more Iranian leaders, warns he ‘may be gone too’ after topping Tehran’s ‘kill list’
He also said his campaign purposefully didn’t put out a detailed account of his payment plan because it would “engender enormous debate.”
Sanders was just one of many progressive, 2020 candidates to advance “Medicare for All” and other policies, prompting more vigorous debate about socialism in the United States.
The proposal has received varying cost estimates from different organizations. According to the Committee for a Responsible Federal Budget, one Medicare for All proposal from Rep. Pramila Jayapal, D-Wash. would cost about $28 trillion – $32 trillion over a decade.
The American Action Forum, a conservative think tank, estimated the Green New Deal’s provision for universal health care would cost $36 trillion, with $260,000 in cost per household.
Tyler Robinson preliminary hearing: Judge orders redactions to ex-lover’s video testimony
Social media influencer and model, 22, killed in violent highway crash
Trump threatens troop withdrawals if ‘very good deal’ on Greenland isn’t struck
House Dem back in the spotlight as brother faces up to 10 years in prison if convicted
Platner drops out of crucial Senate race after bombshell rape allegation torpedoes campaign
Franklin Graham Gives McDonald’s ‘Free Advice’ on How to ‘Bring Happy Customers Back’
Who is Valli Geiger? Meet the Maine Dem that Platner urged to run for Senate
Mike Rowe Sues Discovery for $2 Million in ‘Deadliest Catch’ Dispute
Erika’s Heartbreaking Reaction to a Woman She Saw in the Courtroom Crying Over Charlie’s Murder
Former Wisconsin Judge Who Was Convicted of Helping an Illegal Alien Evade ICE Gets Light Sentence
Bernie-backed socialist who allied with Platner could supplant him on ballot
WATCH: Dana White drops 2028 hints while raving about his favorite Trump cabinet secretary
Donald Trump sparks intrigue by ditching new Qatari jet for old Air Force One
Potential 2028 Dem contender unloads on Netanyahu, admits US-Israel ties at ‘crossroads’
Trump contemplates assassinating more Iranian leaders, warns he ‘may be gone too’ after topping Tehran’s ‘kill list’
Another study from the Mercatus Institute, typically perceived as leaning right on fiscal issues, similarly predicted in 2018 that the cost would reach $32 trillion in 10 years but forsaw a scenario in which the nation could actually save more than $2 trillion on health expenditures.
An alternative scenario, accounting for less effective cost controls, would result in more than $3 trillion in additional costs. Mercatus also claimed that its study’s author thought the assumptions showing cost-savings may be unreasonable.
When Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma commented on the issue in April, she described the program as “the biggest threat to the American health care system.”
“What we’re talking about is stripping people of their private health insurance, forcing them into a government-run program,” she said. Her concerns echoed those of others who worried about the impact on existing health plans.
Tyler Robinson preliminary hearing: Judge orders redactions to ex-lover’s video testimony
Social media influencer and model, 22, killed in violent highway crash
Trump threatens troop withdrawals if ‘very good deal’ on Greenland isn’t struck
House Dem back in the spotlight as brother faces up to 10 years in prison if convicted
Platner drops out of crucial Senate race after bombshell rape allegation torpedoes campaign
Franklin Graham Gives McDonald’s ‘Free Advice’ on How to ‘Bring Happy Customers Back’
Who is Valli Geiger? Meet the Maine Dem that Platner urged to run for Senate
Mike Rowe Sues Discovery for $2 Million in ‘Deadliest Catch’ Dispute
Erika’s Heartbreaking Reaction to a Woman She Saw in the Courtroom Crying Over Charlie’s Murder
Former Wisconsin Judge Who Was Convicted of Helping an Illegal Alien Evade ICE Gets Light Sentence
Bernie-backed socialist who allied with Platner could supplant him on ballot
WATCH: Dana White drops 2028 hints while raving about his favorite Trump cabinet secretary
Donald Trump sparks intrigue by ditching new Qatari jet for old Air Force One
Potential 2028 Dem contender unloads on Netanyahu, admits US-Israel ties at ‘crossroads’
Trump contemplates assassinating more Iranian leaders, warns he ‘may be gone too’ after topping Tehran’s ‘kill list’
Sanders and others have championed universal health care as a human rights issue — citing the U.S.’s high health care costs and lack of coverage compared to other industrialized nations.
Story cited here.
