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.
Democrat Max Morley Drops Out of Primary After Admitting to Mail Theft
Trump moves to drop $10 billion IRS lawsuit as DOJ weighs weaponization victims fund
Swing-seat Republican sidelined by ‘serious’ illness misses 88 votes as majority hangs by thread
Jackson protests as Supreme Court uses Louisiana gerrymandering ruling to instruct lower courts
Septic Truck Explodes After Being Struck By Train, Video Shows
Luigi Mangione update: Suspected murder weapon admissible at trial in state case, other evidence suppressed
11 National Park Service workers evacuated by helicopter amid California fire
White House plans to build helipad on the South Lawn
What’s at stake in the Thomas Massie primary
How Chinese EVs Coming from Canada May Impact US National Security
Scandal-Ridden Hospital to Open First US ‘Detransition’ Clinic in Historic Legal Settlement
‘Backyard brawl’ ignites as West Virginia’s Morrisey moves to poach blue state rival Spanberger’s jobs
Cassidy primary defeat is a ‘loss for the country,’ Romney says
Josh Shapiro tests political clout in Pennsylvania primary
Arkansas man allegedly threatened Walmart mass shooting over hantavirus lockdown fears, authorities say
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.
Democrat Max Morley Drops Out of Primary After Admitting to Mail Theft
Trump moves to drop $10 billion IRS lawsuit as DOJ weighs weaponization victims fund
Swing-seat Republican sidelined by ‘serious’ illness misses 88 votes as majority hangs by thread
Jackson protests as Supreme Court uses Louisiana gerrymandering ruling to instruct lower courts
Septic Truck Explodes After Being Struck By Train, Video Shows
Luigi Mangione update: Suspected murder weapon admissible at trial in state case, other evidence suppressed
11 National Park Service workers evacuated by helicopter amid California fire
White House plans to build helipad on the South Lawn
What’s at stake in the Thomas Massie primary
How Chinese EVs Coming from Canada May Impact US National Security
Scandal-Ridden Hospital to Open First US ‘Detransition’ Clinic in Historic Legal Settlement
‘Backyard brawl’ ignites as West Virginia’s Morrisey moves to poach blue state rival Spanberger’s jobs
Cassidy primary defeat is a ‘loss for the country,’ Romney says
Josh Shapiro tests political clout in Pennsylvania primary
Arkansas man allegedly threatened Walmart mass shooting over hantavirus lockdown fears, authorities say
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.
Democrat Max Morley Drops Out of Primary After Admitting to Mail Theft
Trump moves to drop $10 billion IRS lawsuit as DOJ weighs weaponization victims fund
Swing-seat Republican sidelined by ‘serious’ illness misses 88 votes as majority hangs by thread
Jackson protests as Supreme Court uses Louisiana gerrymandering ruling to instruct lower courts
Septic Truck Explodes After Being Struck By Train, Video Shows
Luigi Mangione update: Suspected murder weapon admissible at trial in state case, other evidence suppressed
11 National Park Service workers evacuated by helicopter amid California fire
White House plans to build helipad on the South Lawn
What’s at stake in the Thomas Massie primary
How Chinese EVs Coming from Canada May Impact US National Security
Scandal-Ridden Hospital to Open First US ‘Detransition’ Clinic in Historic Legal Settlement
‘Backyard brawl’ ignites as West Virginia’s Morrisey moves to poach blue state rival Spanberger’s jobs
Cassidy primary defeat is a ‘loss for the country,’ Romney says
Josh Shapiro tests political clout in Pennsylvania primary
Arkansas man allegedly threatened Walmart mass shooting over hantavirus lockdown fears, authorities say
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.
