Finance News Opinons Politics

Bernie Says He’ll Probably Raise Payroll, Income Taxes to Pay For ‘Medicare For All’

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.


DA Said Gunman Needed Heavy Sentence And Judge Didn’t Listen: Guess What He’s Charged With Now
How Democratic leadership sank $40 million meant to defend key seats on a gamble that backfired
Trump blasts Sen Bill Cassidy as ‘disloyal disaster,’ pushes challenger Julia Letlow in Louisiana GOP primary
SCOOP: How Trump Admin Is Taking Leftist Terrorism Crackdown Worldwide  
CIA Whistleblower Alleges Coverup of COVID-19 Lab Leak Intelligence
John Fetterman Opens Up About Phone Call to Erika Kirk, Rips Into Her Critics: ‘What’s Wrong With People?’
Hunter Biden resurfaces in LA, reacts to questions about Biden tapes, UFO files
EXCLUSIVE VIDEO: Bishop Barron to address ‘true threat to democracy’ at Trump prayer event
Bill Cassidy’s political future hangs in the balance
Senator John Kennedy introduces America to ‘Margaret,’ his elliptical trainer named after Thatcher
Waymo driverless cars overrun Atlanta neighborhood, circling cul-de-sacs and alarming families with kids
Lithuania and Poland forecast ‘military aid’ to help open Strait of Hormuz amid denials of US troop reductions in region
From Revival to Reformation: Why I’m Running for Governor of California
Here’s Where the Redistricting Wars Stand as the 2026 Midterms Approach
Trump Urged to Address Plight of Persecuted Chinese Minorities During Beijing Visit
See also  Russia ends ceasefire, launching ‘200 attack drones’ at Ukraine

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.


DA Said Gunman Needed Heavy Sentence And Judge Didn’t Listen: Guess What He’s Charged With Now
How Democratic leadership sank $40 million meant to defend key seats on a gamble that backfired
Trump blasts Sen Bill Cassidy as ‘disloyal disaster,’ pushes challenger Julia Letlow in Louisiana GOP primary
SCOOP: How Trump Admin Is Taking Leftist Terrorism Crackdown Worldwide  
CIA Whistleblower Alleges Coverup of COVID-19 Lab Leak Intelligence
John Fetterman Opens Up About Phone Call to Erika Kirk, Rips Into Her Critics: ‘What’s Wrong With People?’
Hunter Biden resurfaces in LA, reacts to questions about Biden tapes, UFO files
EXCLUSIVE VIDEO: Bishop Barron to address ‘true threat to democracy’ at Trump prayer event
Bill Cassidy’s political future hangs in the balance
Senator John Kennedy introduces America to ‘Margaret,’ his elliptical trainer named after Thatcher
Waymo driverless cars overrun Atlanta neighborhood, circling cul-de-sacs and alarming families with kids
Lithuania and Poland forecast ‘military aid’ to help open Strait of Hormuz amid denials of US troop reductions in region
From Revival to Reformation: Why I’m Running for Governor of California
Here’s Where the Redistricting Wars Stand as the 2026 Midterms Approach
Trump Urged to Address Plight of Persecuted Chinese Minorities During Beijing Visit
See also  Trump and Cabinet officials welcomed by Xi at China’s Great Hall of the People

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.


DA Said Gunman Needed Heavy Sentence And Judge Didn’t Listen: Guess What He’s Charged With Now
How Democratic leadership sank $40 million meant to defend key seats on a gamble that backfired
Trump blasts Sen Bill Cassidy as ‘disloyal disaster,’ pushes challenger Julia Letlow in Louisiana GOP primary
SCOOP: How Trump Admin Is Taking Leftist Terrorism Crackdown Worldwide  
CIA Whistleblower Alleges Coverup of COVID-19 Lab Leak Intelligence
John Fetterman Opens Up About Phone Call to Erika Kirk, Rips Into Her Critics: ‘What’s Wrong With People?’
Hunter Biden resurfaces in LA, reacts to questions about Biden tapes, UFO files
EXCLUSIVE VIDEO: Bishop Barron to address ‘true threat to democracy’ at Trump prayer event
Bill Cassidy’s political future hangs in the balance
Senator John Kennedy introduces America to ‘Margaret,’ his elliptical trainer named after Thatcher
Waymo driverless cars overrun Atlanta neighborhood, circling cul-de-sacs and alarming families with kids
Lithuania and Poland forecast ‘military aid’ to help open Strait of Hormuz amid denials of US troop reductions in region
From Revival to Reformation: Why I’m Running for Governor of California
Here’s Where the Redistricting Wars Stand as the 2026 Midterms Approach
Trump Urged to Address Plight of Persecuted Chinese Minorities During Beijing Visit
See also  GOP heartburn forces messaging pivot from ‘ballroom’ for Trump security money

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.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter