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.
Susie Wiles reveals brutal toll of fighting cancer while running Trump’s White House
Woman found dead with unexplained trauma in Central Park as NYPD searches for answers
John Fetterman accidentally calls himself a ‘lifelong Republican’ at Texas Tribune Festival
University Scrubbed Pentagon-Funded Professor’s Ties to CCP: Report
SCOTUS Climate Suit Could Devastate Family Farms, Give China and Russia an Edge: Expert
Ozempic Maker Teams Up with Big AI for New Drug Development
Breaking: ‘They Were Looking to Do Big Damage’ – Trump Speaks Out on Terror Plot as Photo of Suspects Goes Viral
Texas voters have plenty to say about whether Lone Star State could turn blue
‘Palestinian Rachel Dolezal’: Woke Activist Exposed for Faking Black-Arab Racial Identity – She’s White
Texas clinic owner convicted in $26M military health fraud tied to gold-plated Cybertruck
Trump DOJ Sues California City for Jacking Up Gun Permits, Pricing Citizens Out of Their 2A Rights
Irish PM rejects antisemitism concerns in Ireland amid dramatic vote over boycotting Israel game
Tim Tebow Announces He’s ‘Pausing’ Relationship with Christian Group Targeted by Liberal Reporter
Trump Terminates ‘Ridiculous’ Biden-Buttigieg EV Mandate with Sweeping New Fuel Standards
Trump’s Greenland obsession isn’t random. Here’s what’s at stake
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.
Susie Wiles reveals brutal toll of fighting cancer while running Trump’s White House
Woman found dead with unexplained trauma in Central Park as NYPD searches for answers
John Fetterman accidentally calls himself a ‘lifelong Republican’ at Texas Tribune Festival
University Scrubbed Pentagon-Funded Professor’s Ties to CCP: Report
SCOTUS Climate Suit Could Devastate Family Farms, Give China and Russia an Edge: Expert
Ozempic Maker Teams Up with Big AI for New Drug Development
Breaking: ‘They Were Looking to Do Big Damage’ – Trump Speaks Out on Terror Plot as Photo of Suspects Goes Viral
Texas voters have plenty to say about whether Lone Star State could turn blue
‘Palestinian Rachel Dolezal’: Woke Activist Exposed for Faking Black-Arab Racial Identity – She’s White
Texas clinic owner convicted in $26M military health fraud tied to gold-plated Cybertruck
Trump DOJ Sues California City for Jacking Up Gun Permits, Pricing Citizens Out of Their 2A Rights
Irish PM rejects antisemitism concerns in Ireland amid dramatic vote over boycotting Israel game
Tim Tebow Announces He’s ‘Pausing’ Relationship with Christian Group Targeted by Liberal Reporter
Trump Terminates ‘Ridiculous’ Biden-Buttigieg EV Mandate with Sweeping New Fuel Standards
Trump’s Greenland obsession isn’t random. Here’s what’s at stake
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.
Susie Wiles reveals brutal toll of fighting cancer while running Trump’s White House
Woman found dead with unexplained trauma in Central Park as NYPD searches for answers
John Fetterman accidentally calls himself a ‘lifelong Republican’ at Texas Tribune Festival
University Scrubbed Pentagon-Funded Professor’s Ties to CCP: Report
SCOTUS Climate Suit Could Devastate Family Farms, Give China and Russia an Edge: Expert
Ozempic Maker Teams Up with Big AI for New Drug Development
Breaking: ‘They Were Looking to Do Big Damage’ – Trump Speaks Out on Terror Plot as Photo of Suspects Goes Viral
Texas voters have plenty to say about whether Lone Star State could turn blue
‘Palestinian Rachel Dolezal’: Woke Activist Exposed for Faking Black-Arab Racial Identity – She’s White
Texas clinic owner convicted in $26M military health fraud tied to gold-plated Cybertruck
Trump DOJ Sues California City for Jacking Up Gun Permits, Pricing Citizens Out of Their 2A Rights
Irish PM rejects antisemitism concerns in Ireland amid dramatic vote over boycotting Israel game
Tim Tebow Announces He’s ‘Pausing’ Relationship with Christian Group Targeted by Liberal Reporter
Trump Terminates ‘Ridiculous’ Biden-Buttigieg EV Mandate with Sweeping New Fuel Standards
Trump’s Greenland obsession isn’t random. Here’s what’s at stake
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.
