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: MLB Team Makes ‘Middle School Mistake’ As Season Continues to Spiral
Biden seeks to block DOJ release of 2017 audio, court filing says
Should ‘The View’ Be Considered News? ABC and FCC Go to Battle Over Embattled Show
‘Free beer’ for Trump death Dem activist running for Wisconsin gov: ‘I will win’ if they silence me
The Harsh Reality Everyone’s Missing About Massive Lithium Find in Appalachia
Rand Paul vows to keep pressure on Fauci as statute of limitations on criminal referral expires Monday
Fact Check: Is Hantavirus Poised to Become a COVID-Style Pandemic?
Virginia Democrats roasted over spelling mistakes in redistricting documents
This Is How Terror Spreads: 3 Australian Women Back from Syria Face Slavery, Terrorism Charges
Supreme Court’s junior justice goes on solo tear as Trump fights put her at odds with the bench
Mayor Overruled After He Dissolved Entire Police Force Following Dispute with His Wife
AOC, asked about running for president, says her ambition is ‘way bigger than that’
Nancy Guthrie was alive when abducted, blood evidence shows ‘last stand’ on front porch: retired FBI agent
Where Trump, GOP vs Democrats redistricting battle heads next in wake of key court rulings
Harris accuses Trump allies of trying to ‘rig’ 2026 midterms after Virginia court tosses redistricting measure
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: MLB Team Makes ‘Middle School Mistake’ As Season Continues to Spiral
Biden seeks to block DOJ release of 2017 audio, court filing says
Should ‘The View’ Be Considered News? ABC and FCC Go to Battle Over Embattled Show
‘Free beer’ for Trump death Dem activist running for Wisconsin gov: ‘I will win’ if they silence me
The Harsh Reality Everyone’s Missing About Massive Lithium Find in Appalachia
Rand Paul vows to keep pressure on Fauci as statute of limitations on criminal referral expires Monday
Fact Check: Is Hantavirus Poised to Become a COVID-Style Pandemic?
Virginia Democrats roasted over spelling mistakes in redistricting documents
This Is How Terror Spreads: 3 Australian Women Back from Syria Face Slavery, Terrorism Charges
Supreme Court’s junior justice goes on solo tear as Trump fights put her at odds with the bench
Mayor Overruled After He Dissolved Entire Police Force Following Dispute with His Wife
AOC, asked about running for president, says her ambition is ‘way bigger than that’
Nancy Guthrie was alive when abducted, blood evidence shows ‘last stand’ on front porch: retired FBI agent
Where Trump, GOP vs Democrats redistricting battle heads next in wake of key court rulings
Harris accuses Trump allies of trying to ‘rig’ 2026 midterms after Virginia court tosses redistricting measure
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: MLB Team Makes ‘Middle School Mistake’ As Season Continues to Spiral
Biden seeks to block DOJ release of 2017 audio, court filing says
Should ‘The View’ Be Considered News? ABC and FCC Go to Battle Over Embattled Show
‘Free beer’ for Trump death Dem activist running for Wisconsin gov: ‘I will win’ if they silence me
The Harsh Reality Everyone’s Missing About Massive Lithium Find in Appalachia
Rand Paul vows to keep pressure on Fauci as statute of limitations on criminal referral expires Monday
Fact Check: Is Hantavirus Poised to Become a COVID-Style Pandemic?
Virginia Democrats roasted over spelling mistakes in redistricting documents
This Is How Terror Spreads: 3 Australian Women Back from Syria Face Slavery, Terrorism Charges
Supreme Court’s junior justice goes on solo tear as Trump fights put her at odds with the bench
Mayor Overruled After He Dissolved Entire Police Force Following Dispute with His Wife
AOC, asked about running for president, says her ambition is ‘way bigger than that’
Nancy Guthrie was alive when abducted, blood evidence shows ‘last stand’ on front porch: retired FBI agent
Where Trump, GOP vs Democrats redistricting battle heads next in wake of key court rulings
Harris accuses Trump allies of trying to ‘rig’ 2026 midterms after Virginia court tosses redistricting measure
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.
