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.
China-linked birth tourism under scrutiny as GOP lawmakers press Trump admin for answers
WATCH: GOP Rep Roasts Minnesota Gov. Tim Walz And State AG Keith Ellison over Massive Fraud Scandal Point by Point
EXCLUSIVE: Trump rejects shielding Biden records from Senate probes in executive privilege showdown
Breaking: NYC Bomb Attack ‘ISIS-Inspired Terrorism,’ NYPD Commissioner Says
DHS hammers Dems over airport security lines amid funding lapse
The Most Dishonest Headline We’ve Ever Seen: The NYT’s Headline on the Islamist IED Attack at Mamdani’s Mansion Will Blow Your Mind
Iranian Women’s Soccer Team Appears to Cry for Help with Subtle Hand Gesture
Tankers to resume normal movement in Middle East in ‘a few weeks’ at worst, Energy sec says, ending oil surge
Airport chaos escalates pressure to resolve DHS government shutdown
Warrants served in New Jersey, Pennsylvania as feds look into possible NYC terrorism
How Fairfax County’s sanctuary policies led to an illegal immigrant murdering an innocent woman
A cure for cancer would deliver $185T economic windfall, report says
Minnesota taxpayers on the hook for race-based teacher recruitment
US conducts strike on another boat carrying suspected narco-traffickers, killing 6 people
Pennsylvania state trooper fatally shot during traffic stop, officials say
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.
China-linked birth tourism under scrutiny as GOP lawmakers press Trump admin for answers
WATCH: GOP Rep Roasts Minnesota Gov. Tim Walz And State AG Keith Ellison over Massive Fraud Scandal Point by Point
EXCLUSIVE: Trump rejects shielding Biden records from Senate probes in executive privilege showdown
Breaking: NYC Bomb Attack ‘ISIS-Inspired Terrorism,’ NYPD Commissioner Says
DHS hammers Dems over airport security lines amid funding lapse
The Most Dishonest Headline We’ve Ever Seen: The NYT’s Headline on the Islamist IED Attack at Mamdani’s Mansion Will Blow Your Mind
Iranian Women’s Soccer Team Appears to Cry for Help with Subtle Hand Gesture
Tankers to resume normal movement in Middle East in ‘a few weeks’ at worst, Energy sec says, ending oil surge
Airport chaos escalates pressure to resolve DHS government shutdown
Warrants served in New Jersey, Pennsylvania as feds look into possible NYC terrorism
How Fairfax County’s sanctuary policies led to an illegal immigrant murdering an innocent woman
A cure for cancer would deliver $185T economic windfall, report says
Minnesota taxpayers on the hook for race-based teacher recruitment
US conducts strike on another boat carrying suspected narco-traffickers, killing 6 people
Pennsylvania state trooper fatally shot during traffic stop, officials say
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.
China-linked birth tourism under scrutiny as GOP lawmakers press Trump admin for answers
WATCH: GOP Rep Roasts Minnesota Gov. Tim Walz And State AG Keith Ellison over Massive Fraud Scandal Point by Point
EXCLUSIVE: Trump rejects shielding Biden records from Senate probes in executive privilege showdown
Breaking: NYC Bomb Attack ‘ISIS-Inspired Terrorism,’ NYPD Commissioner Says
DHS hammers Dems over airport security lines amid funding lapse
The Most Dishonest Headline We’ve Ever Seen: The NYT’s Headline on the Islamist IED Attack at Mamdani’s Mansion Will Blow Your Mind
Iranian Women’s Soccer Team Appears to Cry for Help with Subtle Hand Gesture
Tankers to resume normal movement in Middle East in ‘a few weeks’ at worst, Energy sec says, ending oil surge
Airport chaos escalates pressure to resolve DHS government shutdown
Warrants served in New Jersey, Pennsylvania as feds look into possible NYC terrorism
How Fairfax County’s sanctuary policies led to an illegal immigrant murdering an innocent woman
A cure for cancer would deliver $185T economic windfall, report says
Minnesota taxpayers on the hook for race-based teacher recruitment
US conducts strike on another boat carrying suspected narco-traffickers, killing 6 people
Pennsylvania state trooper fatally shot during traffic stop, officials say
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.
