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.
Texas AG Paxton sues Dem fundraising platform ActBlue, alleging ‘fraudulent and foreign donations’
Bernie-backed Dem’s pro-gun Clint Eastwood post, Kaepernick critique spurs apology in battleground race
Watch Patel on Bartiromo: ‘I Can Announce’ Arrests Are Coming in Stolen 2020 Election Case – ‘Stay Tuned This Week’
Trump Reveals JD Vance and His Negotiating Team ‘Heading Over’ for Second Round of Iran Talks
WATCH: Houston faces $110M hit as Texas gov lays down law on ‘sanctuary’ policies
Left-wing activists heckle pro-Israel Democrat Haley Stevens at Michigan convention
Kash Patel files $250 million defamation lawsuit against the Atlantic over drinking allegations
Hawaii tourist charged with attempted murder, accused of stabbing veteran boat captain on snorkel tour
Law Professor: Blue States Taxing Fleeing Residents Are Like ‘Deranged Ex-Spouse In Denial’
Blue City Paradise: NYC Thugs Steal Elderly Women’s Car, Hit 72-Year-Old With Walker as They Make Their Getaway
Nancy Guthrie sheriff under pressure as petition demands access for United Cajun Navy
US military announces another deadly strike against ‘narco-terrorists’
DOJ demands 865K Detroit ballots, threatening possible legal action
GOP Senate hopeful Michele Tafoya accuses Walz, Ellison of ignoring Minnesota fraud scheme
NYPD investigating ‘reckless’ drag racing street takeover in Queens
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.
Texas AG Paxton sues Dem fundraising platform ActBlue, alleging ‘fraudulent and foreign donations’
Bernie-backed Dem’s pro-gun Clint Eastwood post, Kaepernick critique spurs apology in battleground race
Watch Patel on Bartiromo: ‘I Can Announce’ Arrests Are Coming in Stolen 2020 Election Case – ‘Stay Tuned This Week’
Trump Reveals JD Vance and His Negotiating Team ‘Heading Over’ for Second Round of Iran Talks
WATCH: Houston faces $110M hit as Texas gov lays down law on ‘sanctuary’ policies
Left-wing activists heckle pro-Israel Democrat Haley Stevens at Michigan convention
Kash Patel files $250 million defamation lawsuit against the Atlantic over drinking allegations
Hawaii tourist charged with attempted murder, accused of stabbing veteran boat captain on snorkel tour
Law Professor: Blue States Taxing Fleeing Residents Are Like ‘Deranged Ex-Spouse In Denial’
Blue City Paradise: NYC Thugs Steal Elderly Women’s Car, Hit 72-Year-Old With Walker as They Make Their Getaway
Nancy Guthrie sheriff under pressure as petition demands access for United Cajun Navy
US military announces another deadly strike against ‘narco-terrorists’
DOJ demands 865K Detroit ballots, threatening possible legal action
GOP Senate hopeful Michele Tafoya accuses Walz, Ellison of ignoring Minnesota fraud scheme
NYPD investigating ‘reckless’ drag racing street takeover in Queens
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.
Texas AG Paxton sues Dem fundraising platform ActBlue, alleging ‘fraudulent and foreign donations’
Bernie-backed Dem’s pro-gun Clint Eastwood post, Kaepernick critique spurs apology in battleground race
Watch Patel on Bartiromo: ‘I Can Announce’ Arrests Are Coming in Stolen 2020 Election Case – ‘Stay Tuned This Week’
Trump Reveals JD Vance and His Negotiating Team ‘Heading Over’ for Second Round of Iran Talks
WATCH: Houston faces $110M hit as Texas gov lays down law on ‘sanctuary’ policies
Left-wing activists heckle pro-Israel Democrat Haley Stevens at Michigan convention
Kash Patel files $250 million defamation lawsuit against the Atlantic over drinking allegations
Hawaii tourist charged with attempted murder, accused of stabbing veteran boat captain on snorkel tour
Law Professor: Blue States Taxing Fleeing Residents Are Like ‘Deranged Ex-Spouse In Denial’
Blue City Paradise: NYC Thugs Steal Elderly Women’s Car, Hit 72-Year-Old With Walker as They Make Their Getaway
Nancy Guthrie sheriff under pressure as petition demands access for United Cajun Navy
US military announces another deadly strike against ‘narco-terrorists’
DOJ demands 865K Detroit ballots, threatening possible legal action
GOP Senate hopeful Michele Tafoya accuses Walz, Ellison of ignoring Minnesota fraud scheme
NYPD investigating ‘reckless’ drag racing street takeover in Queens
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.
