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.
Trump Reveals Botched Attempt to Send Guns to the Iranian People: ‘I’m Very Upset’
Angel Dad Calls Out His State’s Dem Senators for Ignoring His Daughter’s Killing by Previously Deported Illegal
Israeli justice minister says government should ignore high court ruling on wartime protests
Trump touts drop in egg prices at White House Easter event
Trump reveals Iran made ‘significant proposal’ after ultimatum, but ‘not good enough’
Watch: Savannah Guthrie Returns to ‘Today’ Show, Pays Tribute to Missing Mother with Outfit
American woman missing after husband says she fell overboard, swept to sea during Bahamas boat trip: police
Power Company Faces Legal Fight For Making Too Much Energy
Newsom’s California rail project now expected to cost $126B, official admits, with still no tracks laid
Israel hits South Pars natural gas field as Trump deadline looms
Children of Illegal Aliens Linked to Attempted Bombing at U.S. Air Force Base
Martinez: Why President Trump’s War On Fraud Exposes National Scandal
Ceasefire proposal could reopen key oil route amid US-Iran tensions and more top headlines
Behind ‘No Kings’ St. Paul protest: $250K production machine equal to a Def Leppard concert
Lindsey Graham turns ire toward rivals at home amid Iran and DHS shutdown fallout
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.
Trump Reveals Botched Attempt to Send Guns to the Iranian People: ‘I’m Very Upset’
Angel Dad Calls Out His State’s Dem Senators for Ignoring His Daughter’s Killing by Previously Deported Illegal
Israeli justice minister says government should ignore high court ruling on wartime protests
Trump touts drop in egg prices at White House Easter event
Trump reveals Iran made ‘significant proposal’ after ultimatum, but ‘not good enough’
Watch: Savannah Guthrie Returns to ‘Today’ Show, Pays Tribute to Missing Mother with Outfit
American woman missing after husband says she fell overboard, swept to sea during Bahamas boat trip: police
Power Company Faces Legal Fight For Making Too Much Energy
Newsom’s California rail project now expected to cost $126B, official admits, with still no tracks laid
Israel hits South Pars natural gas field as Trump deadline looms
Children of Illegal Aliens Linked to Attempted Bombing at U.S. Air Force Base
Martinez: Why President Trump’s War On Fraud Exposes National Scandal
Ceasefire proposal could reopen key oil route amid US-Iran tensions and more top headlines
Behind ‘No Kings’ St. Paul protest: $250K production machine equal to a Def Leppard concert
Lindsey Graham turns ire toward rivals at home amid Iran and DHS shutdown fallout
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.
Trump Reveals Botched Attempt to Send Guns to the Iranian People: ‘I’m Very Upset’
Angel Dad Calls Out His State’s Dem Senators for Ignoring His Daughter’s Killing by Previously Deported Illegal
Israeli justice minister says government should ignore high court ruling on wartime protests
Trump touts drop in egg prices at White House Easter event
Trump reveals Iran made ‘significant proposal’ after ultimatum, but ‘not good enough’
Watch: Savannah Guthrie Returns to ‘Today’ Show, Pays Tribute to Missing Mother with Outfit
American woman missing after husband says she fell overboard, swept to sea during Bahamas boat trip: police
Power Company Faces Legal Fight For Making Too Much Energy
Newsom’s California rail project now expected to cost $126B, official admits, with still no tracks laid
Israel hits South Pars natural gas field as Trump deadline looms
Children of Illegal Aliens Linked to Attempted Bombing at U.S. Air Force Base
Martinez: Why President Trump’s War On Fraud Exposes National Scandal
Ceasefire proposal could reopen key oil route amid US-Iran tensions and more top headlines
Behind ‘No Kings’ St. Paul protest: $250K production machine equal to a Def Leppard concert
Lindsey Graham turns ire toward rivals at home amid Iran and DHS shutdown fallout
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.
