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.
2 Iconic Breakfast Cereals Get MAHA Makeover
Appeals Court Shuts Down Democratic Rep’s Attempt to Dodge Federal Charges
Closing arguments conclude in Lindsay Clancy trial as prosecutors argue murders were ‘a choice’
US opposes 9/11 attackers’ Supreme Court bid to avoid death penalty
Trump administration designates three far-left groups as violent terrorist networks under new sanctions
US celebrates breakthrough as Syrian paramilitary group dissolves, signaling ‘bright future’ for once-fractured state
Dem’s metldown over ‘terrorist sympathizer’ Hasan Piker triggers instant conservative mockery: ‘Yikes’
Deranged Video: Dem’s OK Senate Candidate Storms Into Bedroom Shrieking, Cuts Up Pic of GOP Senator, Pastes Into ‘Burn Book’
Priceless: Watch Trump Personally Renames Lake Ontario to Lake America on His Own Map – ‘Now We Have a Lake… and a Gulf’
Soros prosecutor in danger of being removed after grieving mom’s desperate alarm: ‘Can’t believe this’
Judge sentences Feeding Our Future fraudsters who faked running child nutrition site
Top 10 fugitive captured after Georgia manhunt as police probe woman’s mysterious death
Bryan Kohberger’s 2027 hearing is not guaranteed as Idaho seeks quick dismissal
Thousands missing from dozens of countries after Nepal flooding
Iran and Oman come to agreement to open Strait of Hormuz, but await US buy-in
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.
2 Iconic Breakfast Cereals Get MAHA Makeover
Appeals Court Shuts Down Democratic Rep’s Attempt to Dodge Federal Charges
Closing arguments conclude in Lindsay Clancy trial as prosecutors argue murders were ‘a choice’
US opposes 9/11 attackers’ Supreme Court bid to avoid death penalty
Trump administration designates three far-left groups as violent terrorist networks under new sanctions
US celebrates breakthrough as Syrian paramilitary group dissolves, signaling ‘bright future’ for once-fractured state
Dem’s metldown over ‘terrorist sympathizer’ Hasan Piker triggers instant conservative mockery: ‘Yikes’
Deranged Video: Dem’s OK Senate Candidate Storms Into Bedroom Shrieking, Cuts Up Pic of GOP Senator, Pastes Into ‘Burn Book’
Priceless: Watch Trump Personally Renames Lake Ontario to Lake America on His Own Map – ‘Now We Have a Lake… and a Gulf’
Soros prosecutor in danger of being removed after grieving mom’s desperate alarm: ‘Can’t believe this’
Judge sentences Feeding Our Future fraudsters who faked running child nutrition site
Top 10 fugitive captured after Georgia manhunt as police probe woman’s mysterious death
Bryan Kohberger’s 2027 hearing is not guaranteed as Idaho seeks quick dismissal
Thousands missing from dozens of countries after Nepal flooding
Iran and Oman come to agreement to open Strait of Hormuz, but await US buy-in
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.
2 Iconic Breakfast Cereals Get MAHA Makeover
Appeals Court Shuts Down Democratic Rep’s Attempt to Dodge Federal Charges
Closing arguments conclude in Lindsay Clancy trial as prosecutors argue murders were ‘a choice’
US opposes 9/11 attackers’ Supreme Court bid to avoid death penalty
Trump administration designates three far-left groups as violent terrorist networks under new sanctions
US celebrates breakthrough as Syrian paramilitary group dissolves, signaling ‘bright future’ for once-fractured state
Dem’s metldown over ‘terrorist sympathizer’ Hasan Piker triggers instant conservative mockery: ‘Yikes’
Deranged Video: Dem’s OK Senate Candidate Storms Into Bedroom Shrieking, Cuts Up Pic of GOP Senator, Pastes Into ‘Burn Book’
Priceless: Watch Trump Personally Renames Lake Ontario to Lake America on His Own Map – ‘Now We Have a Lake… and a Gulf’
Soros prosecutor in danger of being removed after grieving mom’s desperate alarm: ‘Can’t believe this’
Judge sentences Feeding Our Future fraudsters who faked running child nutrition site
Top 10 fugitive captured after Georgia manhunt as police probe woman’s mysterious death
Bryan Kohberger’s 2027 hearing is not guaranteed as Idaho seeks quick dismissal
Thousands missing from dozens of countries after Nepal flooding
Iran and Oman come to agreement to open Strait of Hormuz, but await US buy-in
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.
