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.
IL Dems decline to defend ‘no’ votes on Laken Riley Act after student’s killing tied to repeat offender
Jack Smith team secretly sought years of Kash Patel phone records, new docs show
Pentagon leaders award 2 Purple Hearts to Old Dominion cadets who took down ISIS supporter
With Midterms and Trump’s Future on the Line, GOP Brags 7-1 Cash Advantage Over Debt-Saddled Democrats
Dem Candidates Keep Getting Weirder: ‘Moderate’ TX Dem Played M*********** Pervert Who Was Supposed to Be Cute in Bizarre Video
Kermit Gosnell, found guilty of murdering infants at Philadelphia abortion clinic, is dead at 85
Lawmakers’ airport perks in crosshairs as DHS shutdown snarls travelers, TSA
Afghanistan frees US citizen Dennis Coyle over a year after Taliban arrest
Lebanon withdraws Iranian ambassador’s designation and gives him days to leave
Dem Blamed Republicans for Hurting His Constituents with Shutdown: Then He Actually Faced Some Media Pushback
Bari Weiss’ CBS News Unveils Major Cuts Amid Industry Shakeup
Ignored ICE detainers ‘put lives at risk,’ DHS says, targeting Newsom, Pritzker, Healey
IDF claims it struck Iranian senior officials’ headquarters in airstrikes
Trump’s Iran strategy showcases ‘doctrine of unpredictability’ amid strike threats and sudden pause
Park Police officer shot in Southeast DC suffers non life-threatening injuries as probe unfolds
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.
IL Dems decline to defend ‘no’ votes on Laken Riley Act after student’s killing tied to repeat offender
Jack Smith team secretly sought years of Kash Patel phone records, new docs show
Pentagon leaders award 2 Purple Hearts to Old Dominion cadets who took down ISIS supporter
With Midterms and Trump’s Future on the Line, GOP Brags 7-1 Cash Advantage Over Debt-Saddled Democrats
Dem Candidates Keep Getting Weirder: ‘Moderate’ TX Dem Played M*********** Pervert Who Was Supposed to Be Cute in Bizarre Video
Kermit Gosnell, found guilty of murdering infants at Philadelphia abortion clinic, is dead at 85
Lawmakers’ airport perks in crosshairs as DHS shutdown snarls travelers, TSA
Afghanistan frees US citizen Dennis Coyle over a year after Taliban arrest
Lebanon withdraws Iranian ambassador’s designation and gives him days to leave
Dem Blamed Republicans for Hurting His Constituents with Shutdown: Then He Actually Faced Some Media Pushback
Bari Weiss’ CBS News Unveils Major Cuts Amid Industry Shakeup
Ignored ICE detainers ‘put lives at risk,’ DHS says, targeting Newsom, Pritzker, Healey
IDF claims it struck Iranian senior officials’ headquarters in airstrikes
Trump’s Iran strategy showcases ‘doctrine of unpredictability’ amid strike threats and sudden pause
Park Police officer shot in Southeast DC suffers non life-threatening injuries as probe unfolds
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.
IL Dems decline to defend ‘no’ votes on Laken Riley Act after student’s killing tied to repeat offender
Jack Smith team secretly sought years of Kash Patel phone records, new docs show
Pentagon leaders award 2 Purple Hearts to Old Dominion cadets who took down ISIS supporter
With Midterms and Trump’s Future on the Line, GOP Brags 7-1 Cash Advantage Over Debt-Saddled Democrats
Dem Candidates Keep Getting Weirder: ‘Moderate’ TX Dem Played M*********** Pervert Who Was Supposed to Be Cute in Bizarre Video
Kermit Gosnell, found guilty of murdering infants at Philadelphia abortion clinic, is dead at 85
Lawmakers’ airport perks in crosshairs as DHS shutdown snarls travelers, TSA
Afghanistan frees US citizen Dennis Coyle over a year after Taliban arrest
Lebanon withdraws Iranian ambassador’s designation and gives him days to leave
Dem Blamed Republicans for Hurting His Constituents with Shutdown: Then He Actually Faced Some Media Pushback
Bari Weiss’ CBS News Unveils Major Cuts Amid Industry Shakeup
Ignored ICE detainers ‘put lives at risk,’ DHS says, targeting Newsom, Pritzker, Healey
IDF claims it struck Iranian senior officials’ headquarters in airstrikes
Trump’s Iran strategy showcases ‘doctrine of unpredictability’ amid strike threats and sudden pause
Park Police officer shot in Southeast DC suffers non life-threatening injuries as probe unfolds
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.
