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.
WATCH: Dem senators excuse Platner’s conduct at crisis huddle with embattled Maine candidate
Trump-backed candidate ‘confident’ Republicans will have great night in California: ‘Very excited’
Jill Biden Claims Joe Would Have Beaten Trump If Democrats Hadn’t Forced Him Out
Trump Signs Modified AI Executive Order Behind Closed Doors
Graham Platner makes Senate Democrats squirm with blitz through DC
Blanche says Garland ‘didn’t own up’ to involvement in Trump cases
Platner Self-Destruction Worsens: Dem Now Caught Bragging on Prices He Got for Cocaine, Doing Drugs in Military
Watch: Harold Ford Jr. Comes Out Guns Blazing Against Dems on Anti-ICE Riots – Brilliant 1 Min Monologue from ‘The Five’
Newsom slams MAGA for its ‘melt down’ over Pride Month
Acting AG Blanche reveals fate of Trump’s ‘anti-weaponization fund’ under pressure from House lawmakers
Illegal immigrant flashes courtroom grin after allegedly killing baby, mother and grandmother
Dr. Oz unveils Medicaid overhaul, clamps down on $2B for illegal immigrants and mandates work for able-bodied
Trump reveals new WHCA Dinner venue after shooting chaos derailed gala
Don’t Forget: Key Platner Staffer Talked About His Penis in Book for 10-Year-Old Boys, Said He Wanted Them to See Images of It
Obama judge clears left-wing group to fly ominous flag aimed at Trump on his own turf
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.
WATCH: Dem senators excuse Platner’s conduct at crisis huddle with embattled Maine candidate
Trump-backed candidate ‘confident’ Republicans will have great night in California: ‘Very excited’
Jill Biden Claims Joe Would Have Beaten Trump If Democrats Hadn’t Forced Him Out
Trump Signs Modified AI Executive Order Behind Closed Doors
Graham Platner makes Senate Democrats squirm with blitz through DC
Blanche says Garland ‘didn’t own up’ to involvement in Trump cases
Platner Self-Destruction Worsens: Dem Now Caught Bragging on Prices He Got for Cocaine, Doing Drugs in Military
Watch: Harold Ford Jr. Comes Out Guns Blazing Against Dems on Anti-ICE Riots – Brilliant 1 Min Monologue from ‘The Five’
Newsom slams MAGA for its ‘melt down’ over Pride Month
Acting AG Blanche reveals fate of Trump’s ‘anti-weaponization fund’ under pressure from House lawmakers
Illegal immigrant flashes courtroom grin after allegedly killing baby, mother and grandmother
Dr. Oz unveils Medicaid overhaul, clamps down on $2B for illegal immigrants and mandates work for able-bodied
Trump reveals new WHCA Dinner venue after shooting chaos derailed gala
Don’t Forget: Key Platner Staffer Talked About His Penis in Book for 10-Year-Old Boys, Said He Wanted Them to See Images of It
Obama judge clears left-wing group to fly ominous flag aimed at Trump on his own turf
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.
WATCH: Dem senators excuse Platner’s conduct at crisis huddle with embattled Maine candidate
Trump-backed candidate ‘confident’ Republicans will have great night in California: ‘Very excited’
Jill Biden Claims Joe Would Have Beaten Trump If Democrats Hadn’t Forced Him Out
Trump Signs Modified AI Executive Order Behind Closed Doors
Graham Platner makes Senate Democrats squirm with blitz through DC
Blanche says Garland ‘didn’t own up’ to involvement in Trump cases
Platner Self-Destruction Worsens: Dem Now Caught Bragging on Prices He Got for Cocaine, Doing Drugs in Military
Watch: Harold Ford Jr. Comes Out Guns Blazing Against Dems on Anti-ICE Riots – Brilliant 1 Min Monologue from ‘The Five’
Newsom slams MAGA for its ‘melt down’ over Pride Month
Acting AG Blanche reveals fate of Trump’s ‘anti-weaponization fund’ under pressure from House lawmakers
Illegal immigrant flashes courtroom grin after allegedly killing baby, mother and grandmother
Dr. Oz unveils Medicaid overhaul, clamps down on $2B for illegal immigrants and mandates work for able-bodied
Trump reveals new WHCA Dinner venue after shooting chaos derailed gala
Don’t Forget: Key Platner Staffer Talked About His Penis in Book for 10-Year-Old Boys, Said He Wanted Them to See Images of It
Obama judge clears left-wing group to fly ominous flag aimed at Trump on his own turf
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.
