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.
Fauci repeatedly pleads Fifth in fiery showdown with Rand Paul
WATCH: Battleground Democrat called Iowa a ‘backwater’ over transgender athletes ban
Iran Releases Sick Video Showing Terrorists How to Target Melania, Suggests Neuro Toxin Strategy, Then Takes Aim at Barron
The Electoral College Must Be Protected: Here’s Why
‘Tip of the iceberg’: NJ illegal voting scandal explodes with more key systems at risk
Coercion Is the Abortion Debate We Aren’t Having
Scientists who nominated Fauci for prize money received millions in NIAID funding
DOJ can’t release Biden tapes while hiding Jack Smith report, watchdog says
No Jews on Mamdani’s ‘truly representative’ NYC judiciary panel, sparking backlash
Should taxpayer dollars pay for veterans’ service dogs? Congress is deciding
Kentucky governor calls on McConnell to prove he is fit to serve or resign: ‘Address the people’
Lindsay Clancy’s ex-husband details pill use as expert says evidence could shape murder trial
BTK killer Dennis Rader’s daughter Kerri Rawson hit with domestic violence injunction: report
Murdered 9-year-old begged not to go on trip with dad months before he allegedly killed her, mom testifies
Thune soft-pedals adding Trump’s request for debt limit curveball to GOP budget bill
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.
Fauci repeatedly pleads Fifth in fiery showdown with Rand Paul
WATCH: Battleground Democrat called Iowa a ‘backwater’ over transgender athletes ban
Iran Releases Sick Video Showing Terrorists How to Target Melania, Suggests Neuro Toxin Strategy, Then Takes Aim at Barron
The Electoral College Must Be Protected: Here’s Why
‘Tip of the iceberg’: NJ illegal voting scandal explodes with more key systems at risk
Coercion Is the Abortion Debate We Aren’t Having
Scientists who nominated Fauci for prize money received millions in NIAID funding
DOJ can’t release Biden tapes while hiding Jack Smith report, watchdog says
No Jews on Mamdani’s ‘truly representative’ NYC judiciary panel, sparking backlash
Should taxpayer dollars pay for veterans’ service dogs? Congress is deciding
Kentucky governor calls on McConnell to prove he is fit to serve or resign: ‘Address the people’
Lindsay Clancy’s ex-husband details pill use as expert says evidence could shape murder trial
BTK killer Dennis Rader’s daughter Kerri Rawson hit with domestic violence injunction: report
Murdered 9-year-old begged not to go on trip with dad months before he allegedly killed her, mom testifies
Thune soft-pedals adding Trump’s request for debt limit curveball to GOP budget bill
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.
Fauci repeatedly pleads Fifth in fiery showdown with Rand Paul
WATCH: Battleground Democrat called Iowa a ‘backwater’ over transgender athletes ban
Iran Releases Sick Video Showing Terrorists How to Target Melania, Suggests Neuro Toxin Strategy, Then Takes Aim at Barron
The Electoral College Must Be Protected: Here’s Why
‘Tip of the iceberg’: NJ illegal voting scandal explodes with more key systems at risk
Coercion Is the Abortion Debate We Aren’t Having
Scientists who nominated Fauci for prize money received millions in NIAID funding
DOJ can’t release Biden tapes while hiding Jack Smith report, watchdog says
No Jews on Mamdani’s ‘truly representative’ NYC judiciary panel, sparking backlash
Should taxpayer dollars pay for veterans’ service dogs? Congress is deciding
Kentucky governor calls on McConnell to prove he is fit to serve or resign: ‘Address the people’
Lindsay Clancy’s ex-husband details pill use as expert says evidence could shape murder trial
BTK killer Dennis Rader’s daughter Kerri Rawson hit with domestic violence injunction: report
Murdered 9-year-old begged not to go on trip with dad months before he allegedly killed her, mom testifies
Thune soft-pedals adding Trump’s request for debt limit curveball to GOP budget bill
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.
