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.
Judge walks back ‘untenable’ order against Trump DOJ after tense DC golf course hearing
‘Changes the balance of leverage’: Zelensky tries to hold on as Trump pressures him to concede
Mahmoud Khalil asks Supreme Court to hear deportation case
Netflix Bloodbath Continues – Company Fires Film Chief
Report: Posts from Talarico’s Adoptive Dad Unearthed – Show ‘Best Man’ Dem Knows Joked About Christ and Degenerate Different Way to Kill Him
Media Learns Would-Be Shooter Is Trans, Immediately Starts Using Biological Pronouns to Hide Trans ID, Blaming Men Instead
Repeat offender accused of shooting National Guard member has lengthy history with the law, records show
Former OJ Simpson attorney, longtime friend both support possibility of accomplice in 1994 murders
Trump renews push to rename New Mexico ‘New America,’ touts higher home values and incomes
Eagles QB Jalen Hurts Pulled for Season, Doctors Find Multiple Blood Clots in His Lungs
Smithsonian screening dispute puts museum’s commitment to diverse views on trial: ‘Right kind of Black?’
Reporter’s Notebook: Senate sneaks in one last political play before voters have their say
France’s massive intel failure sparks resignation offers amid days of rioting
Federal voter fraud arrests intensify in California days after DOJ warning
Rick Jackson to skip Trump campaign rally in Georgia
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.
Judge walks back ‘untenable’ order against Trump DOJ after tense DC golf course hearing
‘Changes the balance of leverage’: Zelensky tries to hold on as Trump pressures him to concede
Mahmoud Khalil asks Supreme Court to hear deportation case
Netflix Bloodbath Continues – Company Fires Film Chief
Report: Posts from Talarico’s Adoptive Dad Unearthed – Show ‘Best Man’ Dem Knows Joked About Christ and Degenerate Different Way to Kill Him
Media Learns Would-Be Shooter Is Trans, Immediately Starts Using Biological Pronouns to Hide Trans ID, Blaming Men Instead
Repeat offender accused of shooting National Guard member has lengthy history with the law, records show
Former OJ Simpson attorney, longtime friend both support possibility of accomplice in 1994 murders
Trump renews push to rename New Mexico ‘New America,’ touts higher home values and incomes
Eagles QB Jalen Hurts Pulled for Season, Doctors Find Multiple Blood Clots in His Lungs
Smithsonian screening dispute puts museum’s commitment to diverse views on trial: ‘Right kind of Black?’
Reporter’s Notebook: Senate sneaks in one last political play before voters have their say
France’s massive intel failure sparks resignation offers amid days of rioting
Federal voter fraud arrests intensify in California days after DOJ warning
Rick Jackson to skip Trump campaign rally in Georgia
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.
Judge walks back ‘untenable’ order against Trump DOJ after tense DC golf course hearing
‘Changes the balance of leverage’: Zelensky tries to hold on as Trump pressures him to concede
Mahmoud Khalil asks Supreme Court to hear deportation case
Netflix Bloodbath Continues – Company Fires Film Chief
Report: Posts from Talarico’s Adoptive Dad Unearthed – Show ‘Best Man’ Dem Knows Joked About Christ and Degenerate Different Way to Kill Him
Media Learns Would-Be Shooter Is Trans, Immediately Starts Using Biological Pronouns to Hide Trans ID, Blaming Men Instead
Repeat offender accused of shooting National Guard member has lengthy history with the law, records show
Former OJ Simpson attorney, longtime friend both support possibility of accomplice in 1994 murders
Trump renews push to rename New Mexico ‘New America,’ touts higher home values and incomes
Eagles QB Jalen Hurts Pulled for Season, Doctors Find Multiple Blood Clots in His Lungs
Smithsonian screening dispute puts museum’s commitment to diverse views on trial: ‘Right kind of Black?’
Reporter’s Notebook: Senate sneaks in one last political play before voters have their say
France’s massive intel failure sparks resignation offers amid days of rioting
Federal voter fraud arrests intensify in California days after DOJ warning
Rick Jackson to skip Trump campaign rally in Georgia
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.
