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.
Maduro’s alleged ‘bag man’ Alex Saab arrested less than 3 years after Biden pardon: report
Massachusetts governor asks US Navy to help retrieve bodies, evidence from sunken fishing vessel
Trump shares stunning photos of Lincoln Memorial Reflecting Pool renovation, says project is ahead of schedule
Suspected drunk driver kills 2 pedestrians in violent chain-reaction crash on Manhattan’s Upper West Side
Breaking: US Makes ‘Intense Preparations’ for Impending Iran Attacks as Trump Sends Warning
US Attorney Pirro Lays Down Law: Parents Need to Stop ‘Teen Takeovers’ or Face Jail
We Were Right: 13 Heads Roll as DC Police’s Conspiracy to Deceive Public on Astronomical Crime Rates Exposed
Pope Leo does ‘6-7’ trend for children at the Vatican
Violent Repeat Offender Left Psych Ward Days Before Allegedly Shooting Up Busy Massachusetts Street
Second FDA executive departing organization in less than a week as top drug regulator claims she was fired
Largest children’s hospital in US to open ‘detransition clinic’ after $10M settlement with Trump DOJ, state
Major Thermos Product Recalled After Causing Vision Loss in Three People
ActBlue CEO faces June 10 grilling after fundraising powerhouse allegedly misled Congress on foreign donations
Democrats’ Top Five Positions That Clash with Biblical Values
Wheelchair-Bound Harvey Weinstein Returns to Court After Illness, Jury Deliberates His Fate in Rape Trial
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.
Maduro’s alleged ‘bag man’ Alex Saab arrested less than 3 years after Biden pardon: report
Massachusetts governor asks US Navy to help retrieve bodies, evidence from sunken fishing vessel
Trump shares stunning photos of Lincoln Memorial Reflecting Pool renovation, says project is ahead of schedule
Suspected drunk driver kills 2 pedestrians in violent chain-reaction crash on Manhattan’s Upper West Side
Breaking: US Makes ‘Intense Preparations’ for Impending Iran Attacks as Trump Sends Warning
US Attorney Pirro Lays Down Law: Parents Need to Stop ‘Teen Takeovers’ or Face Jail
We Were Right: 13 Heads Roll as DC Police’s Conspiracy to Deceive Public on Astronomical Crime Rates Exposed
Pope Leo does ‘6-7’ trend for children at the Vatican
Violent Repeat Offender Left Psych Ward Days Before Allegedly Shooting Up Busy Massachusetts Street
Second FDA executive departing organization in less than a week as top drug regulator claims she was fired
Largest children’s hospital in US to open ‘detransition clinic’ after $10M settlement with Trump DOJ, state
Major Thermos Product Recalled After Causing Vision Loss in Three People
ActBlue CEO faces June 10 grilling after fundraising powerhouse allegedly misled Congress on foreign donations
Democrats’ Top Five Positions That Clash with Biblical Values
Wheelchair-Bound Harvey Weinstein Returns to Court After Illness, Jury Deliberates His Fate in Rape Trial
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.
Maduro’s alleged ‘bag man’ Alex Saab arrested less than 3 years after Biden pardon: report
Massachusetts governor asks US Navy to help retrieve bodies, evidence from sunken fishing vessel
Trump shares stunning photos of Lincoln Memorial Reflecting Pool renovation, says project is ahead of schedule
Suspected drunk driver kills 2 pedestrians in violent chain-reaction crash on Manhattan’s Upper West Side
Breaking: US Makes ‘Intense Preparations’ for Impending Iran Attacks as Trump Sends Warning
US Attorney Pirro Lays Down Law: Parents Need to Stop ‘Teen Takeovers’ or Face Jail
We Were Right: 13 Heads Roll as DC Police’s Conspiracy to Deceive Public on Astronomical Crime Rates Exposed
Pope Leo does ‘6-7’ trend for children at the Vatican
Violent Repeat Offender Left Psych Ward Days Before Allegedly Shooting Up Busy Massachusetts Street
Second FDA executive departing organization in less than a week as top drug regulator claims she was fired
Largest children’s hospital in US to open ‘detransition clinic’ after $10M settlement with Trump DOJ, state
Major Thermos Product Recalled After Causing Vision Loss in Three People
ActBlue CEO faces June 10 grilling after fundraising powerhouse allegedly misled Congress on foreign donations
Democrats’ Top Five Positions That Clash with Biblical Values
Wheelchair-Bound Harvey Weinstein Returns to Court After Illness, Jury Deliberates His Fate in Rape Trial
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.
