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.
WNBA Commissioner Announces League Is Reviewing Trans Inclusion After Former NBA Players Declare for Draft
Justice Department Settles With Pro-Life Father of 11 Whose Home They Busted Into
IN CHARTS: A visual breakdown of the Smithsonian’s billion-dollar taxpayer-funded budget
Socialists rising in Colorado? Send in the Marines, GOP nominee says
Why Stephen Miller thinks orders limiting birthright citizenship will go differently this time
Two dead, including infant, after boat capsizes in New York Harbor; 12 rescued
Teen accused of killing 10-year-old cousin Lily Peters may avoid November trial after new hearing scheduled
WATCH: Dems stand by Maine nominee hit with report he fathered children with his second cousin
Hawaii contractor nominated to construct GOP comeback after two-decade Democratic hold on governor’s mansion
Hawaii Gov. Josh Green cruises to Democratic primary win, sets up fall matchup with GOP nominee
Hawaii rep cruises to Dem primary win after challenger arrested for beach brawl
Trump’s 4th of July fireworks display on National Mall confirmed as largest in history
Florida man allegedly kills family’s kittens in front of teenage daughter as form of punishment: officials
Watch: WNBA Player Ejected After Nearly Taking Off Sophie Cunningham’s Head With Clothesline Maneuver
EXCLUSIVE: Teen girls recall Jersey Shore ride malfunction that left them stuck hanging upside down
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.
WNBA Commissioner Announces League Is Reviewing Trans Inclusion After Former NBA Players Declare for Draft
Justice Department Settles With Pro-Life Father of 11 Whose Home They Busted Into
IN CHARTS: A visual breakdown of the Smithsonian’s billion-dollar taxpayer-funded budget
Socialists rising in Colorado? Send in the Marines, GOP nominee says
Why Stephen Miller thinks orders limiting birthright citizenship will go differently this time
Two dead, including infant, after boat capsizes in New York Harbor; 12 rescued
Teen accused of killing 10-year-old cousin Lily Peters may avoid November trial after new hearing scheduled
WATCH: Dems stand by Maine nominee hit with report he fathered children with his second cousin
Hawaii contractor nominated to construct GOP comeback after two-decade Democratic hold on governor’s mansion
Hawaii Gov. Josh Green cruises to Democratic primary win, sets up fall matchup with GOP nominee
Hawaii rep cruises to Dem primary win after challenger arrested for beach brawl
Trump’s 4th of July fireworks display on National Mall confirmed as largest in history
Florida man allegedly kills family’s kittens in front of teenage daughter as form of punishment: officials
Watch: WNBA Player Ejected After Nearly Taking Off Sophie Cunningham’s Head With Clothesline Maneuver
EXCLUSIVE: Teen girls recall Jersey Shore ride malfunction that left them stuck hanging upside down
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.
WNBA Commissioner Announces League Is Reviewing Trans Inclusion After Former NBA Players Declare for Draft
Justice Department Settles With Pro-Life Father of 11 Whose Home They Busted Into
IN CHARTS: A visual breakdown of the Smithsonian’s billion-dollar taxpayer-funded budget
Socialists rising in Colorado? Send in the Marines, GOP nominee says
Why Stephen Miller thinks orders limiting birthright citizenship will go differently this time
Two dead, including infant, after boat capsizes in New York Harbor; 12 rescued
Teen accused of killing 10-year-old cousin Lily Peters may avoid November trial after new hearing scheduled
WATCH: Dems stand by Maine nominee hit with report he fathered children with his second cousin
Hawaii contractor nominated to construct GOP comeback after two-decade Democratic hold on governor’s mansion
Hawaii Gov. Josh Green cruises to Democratic primary win, sets up fall matchup with GOP nominee
Hawaii rep cruises to Dem primary win after challenger arrested for beach brawl
Trump’s 4th of July fireworks display on National Mall confirmed as largest in history
Florida man allegedly kills family’s kittens in front of teenage daughter as form of punishment: officials
Watch: WNBA Player Ejected After Nearly Taking Off Sophie Cunningham’s Head With Clothesline Maneuver
EXCLUSIVE: Teen girls recall Jersey Shore ride malfunction that left them stuck hanging upside down
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.
