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.
Ford Adds Thousands of Jobs in United States as Move Away from China Continues
Report: Meghan and Harry’s Brazen Attempts – and Embarrassing Rejections – at Becoming US Political Operators
Christian Club Files Lawsuit After School District Blocks Volunteer Mentors
White House revs up ‘iconic’ Freedom 250 race as IndyCars prepare to unleash American muscle on DC streets
African Witchcraft, Blackmail, and American Boys: How Nigerians 6,000 Miles Away Are Killing US Teens
‘Barbaric’ abortion provision fuels Christian push to crack down on Dem governor
Mixed support from black voters threatens el Sayed’s Michigan Senate hopes
Trump plays nuclear poker with Kim Jong Un — but who holds the cards?
DOJ silence in major gun cases tests Second Amendment advocates’ trust in Trump
Fetterman aligns with Trump on AI push, warns China benefits from US ‘overreaction’
Bear crashes couple’s anniversary getaway, rummages through Tennessee tea shop before jumping on counter
Police make arrest after gunfire during California high school football game leaves 1 dead
Connecticut police officers shot, suspect killed after attempted arrest sparks hectic chase
‘Will Come Back to Bite You’: Top Official Asked Fauci for Vaccine Side Effect Study – Email
Breaking: Judge Slaps Down Karmelo Anthony’s Bid for New Trial
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.
Ford Adds Thousands of Jobs in United States as Move Away from China Continues
Report: Meghan and Harry’s Brazen Attempts – and Embarrassing Rejections – at Becoming US Political Operators
Christian Club Files Lawsuit After School District Blocks Volunteer Mentors
White House revs up ‘iconic’ Freedom 250 race as IndyCars prepare to unleash American muscle on DC streets
African Witchcraft, Blackmail, and American Boys: How Nigerians 6,000 Miles Away Are Killing US Teens
‘Barbaric’ abortion provision fuels Christian push to crack down on Dem governor
Mixed support from black voters threatens el Sayed’s Michigan Senate hopes
Trump plays nuclear poker with Kim Jong Un — but who holds the cards?
DOJ silence in major gun cases tests Second Amendment advocates’ trust in Trump
Fetterman aligns with Trump on AI push, warns China benefits from US ‘overreaction’
Bear crashes couple’s anniversary getaway, rummages through Tennessee tea shop before jumping on counter
Police make arrest after gunfire during California high school football game leaves 1 dead
Connecticut police officers shot, suspect killed after attempted arrest sparks hectic chase
‘Will Come Back to Bite You’: Top Official Asked Fauci for Vaccine Side Effect Study – Email
Breaking: Judge Slaps Down Karmelo Anthony’s Bid for New Trial
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.
Ford Adds Thousands of Jobs in United States as Move Away from China Continues
Report: Meghan and Harry’s Brazen Attempts – and Embarrassing Rejections – at Becoming US Political Operators
Christian Club Files Lawsuit After School District Blocks Volunteer Mentors
White House revs up ‘iconic’ Freedom 250 race as IndyCars prepare to unleash American muscle on DC streets
African Witchcraft, Blackmail, and American Boys: How Nigerians 6,000 Miles Away Are Killing US Teens
‘Barbaric’ abortion provision fuels Christian push to crack down on Dem governor
Mixed support from black voters threatens el Sayed’s Michigan Senate hopes
Trump plays nuclear poker with Kim Jong Un — but who holds the cards?
DOJ silence in major gun cases tests Second Amendment advocates’ trust in Trump
Fetterman aligns with Trump on AI push, warns China benefits from US ‘overreaction’
Bear crashes couple’s anniversary getaway, rummages through Tennessee tea shop before jumping on counter
Police make arrest after gunfire during California high school football game leaves 1 dead
Connecticut police officers shot, suspect killed after attempted arrest sparks hectic chase
‘Will Come Back to Bite You’: Top Official Asked Fauci for Vaccine Side Effect Study – Email
Breaking: Judge Slaps Down Karmelo Anthony’s Bid for New Trial
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.
