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.
Former Navy SEAL convicted for trying to harm police with explosives during California ‘No Kings’ protests
Celebrities Wear Anti-ICE Pins at Golden Globes in Tribute to Renee Good
House Democrats ask judge to block Noem’s revived ICE visit rule, say DHS defied court order
Conservative legal group targets CFPB rule mandating race, sex data in home loans
Trump Says the Military ‘Is Looking at Some Strong Options’ on Iran
DOJ charges illegal immigrant with Tren de Aragua ties after Border Patrol shooting in Portland
Riley Gaines says her show’s rebrand will ‘broaden’ its scope of discussions
Powell reveals what it would take to step down from the Fed as pressure mounts
Trump pledges to uncover leftist groups countering ICE
Minneapolis Police Finally Do Their Jobs: 30 ICE Protesters Detained Already
Notorious Pro-Illegal Soros-Funded DA Promises to Charge, Arrest, Convict ICE Agents
Rubio Announced Major Shift in Foreign Aid Strategy Ahead of Venezuela Moves
Federal Reserve Chair Jerome Powell Under Criminal Investigation
Seattle order to stop drug arrests ‘creating havoc’ for people fending off addicts surviving on theft: expert
LA protesters swarm U-Haul truck that drove through anti-Iranian regime gathering
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.
Former Navy SEAL convicted for trying to harm police with explosives during California ‘No Kings’ protests
Celebrities Wear Anti-ICE Pins at Golden Globes in Tribute to Renee Good
House Democrats ask judge to block Noem’s revived ICE visit rule, say DHS defied court order
Conservative legal group targets CFPB rule mandating race, sex data in home loans
Trump Says the Military ‘Is Looking at Some Strong Options’ on Iran
DOJ charges illegal immigrant with Tren de Aragua ties after Border Patrol shooting in Portland
Riley Gaines says her show’s rebrand will ‘broaden’ its scope of discussions
Powell reveals what it would take to step down from the Fed as pressure mounts
Trump pledges to uncover leftist groups countering ICE
Minneapolis Police Finally Do Their Jobs: 30 ICE Protesters Detained Already
Notorious Pro-Illegal Soros-Funded DA Promises to Charge, Arrest, Convict ICE Agents
Rubio Announced Major Shift in Foreign Aid Strategy Ahead of Venezuela Moves
Federal Reserve Chair Jerome Powell Under Criminal Investigation
Seattle order to stop drug arrests ‘creating havoc’ for people fending off addicts surviving on theft: expert
LA protesters swarm U-Haul truck that drove through anti-Iranian regime gathering
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.
Former Navy SEAL convicted for trying to harm police with explosives during California ‘No Kings’ protests
Celebrities Wear Anti-ICE Pins at Golden Globes in Tribute to Renee Good
House Democrats ask judge to block Noem’s revived ICE visit rule, say DHS defied court order
Conservative legal group targets CFPB rule mandating race, sex data in home loans
Trump Says the Military ‘Is Looking at Some Strong Options’ on Iran
DOJ charges illegal immigrant with Tren de Aragua ties after Border Patrol shooting in Portland
Riley Gaines says her show’s rebrand will ‘broaden’ its scope of discussions
Powell reveals what it would take to step down from the Fed as pressure mounts
Trump pledges to uncover leftist groups countering ICE
Minneapolis Police Finally Do Their Jobs: 30 ICE Protesters Detained Already
Notorious Pro-Illegal Soros-Funded DA Promises to Charge, Arrest, Convict ICE Agents
Rubio Announced Major Shift in Foreign Aid Strategy Ahead of Venezuela Moves
Federal Reserve Chair Jerome Powell Under Criminal Investigation
Seattle order to stop drug arrests ‘creating havoc’ for people fending off addicts surviving on theft: expert
LA protesters swarm U-Haul truck that drove through anti-Iranian regime gathering
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.
