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.
Pentagon Sends 600 Soldiers Into Latin America as Trump Turns Up Heat on Cartels
Ilhan Omar raid sparks ominous prediction from watchdog: ‘They probably got the goods’
Army expo attendees skeptical of Trump’s Iran peace deal hopes: ‘Beat ’em into submission’
Chinese National Arrested at US University for Poisoning Classmate Engaged in Cutting Edge Cancer Research
Dems Make Historic All-In Midterm Move: Talarico Raises More in Third Quarter Than Any Senate Candidate in History
Politicians Force Their Hands Into Taxpayer Pockets to Fund Agency That Bombed Audit
Fox News Campus Radicals Newsletter: Judeo-Christian values under assault in American schools
State Treasurers Stand Up to the Big 3 Rating Agencies for Punishing Oil-Friendly States with Green-Activist ESG
Breaking: Homes Destroyed, 70k Without Power as Wildfires Devastate Southern California
Cookies, liquor and mocking Nazis fuel final stretch in fiery Texas House race
Cancel Culture Comes for Halloween: School Cancels Parades for ‘Inclusivity’
Watch: SNL’s Michael Che Refuses to Cave to Woke Mob as Interviewer Nags Him About Shane Gillis’ Gym Clothes Joke
Hero dad who took down Oregon school shooter identified along with teacher killed in attack
Kid Rock Opens Up About What Inspired His New Gospel Album, and It’s Quite the Story
Ukraine drone strikes and Iran war split blame on skyrocketing diesel prices
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.
Pentagon Sends 600 Soldiers Into Latin America as Trump Turns Up Heat on Cartels
Ilhan Omar raid sparks ominous prediction from watchdog: ‘They probably got the goods’
Army expo attendees skeptical of Trump’s Iran peace deal hopes: ‘Beat ’em into submission’
Chinese National Arrested at US University for Poisoning Classmate Engaged in Cutting Edge Cancer Research
Dems Make Historic All-In Midterm Move: Talarico Raises More in Third Quarter Than Any Senate Candidate in History
Politicians Force Their Hands Into Taxpayer Pockets to Fund Agency That Bombed Audit
Fox News Campus Radicals Newsletter: Judeo-Christian values under assault in American schools
State Treasurers Stand Up to the Big 3 Rating Agencies for Punishing Oil-Friendly States with Green-Activist ESG
Breaking: Homes Destroyed, 70k Without Power as Wildfires Devastate Southern California
Cookies, liquor and mocking Nazis fuel final stretch in fiery Texas House race
Cancel Culture Comes for Halloween: School Cancels Parades for ‘Inclusivity’
Watch: SNL’s Michael Che Refuses to Cave to Woke Mob as Interviewer Nags Him About Shane Gillis’ Gym Clothes Joke
Hero dad who took down Oregon school shooter identified along with teacher killed in attack
Kid Rock Opens Up About What Inspired His New Gospel Album, and It’s Quite the Story
Ukraine drone strikes and Iran war split blame on skyrocketing diesel prices
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.
Pentagon Sends 600 Soldiers Into Latin America as Trump Turns Up Heat on Cartels
Ilhan Omar raid sparks ominous prediction from watchdog: ‘They probably got the goods’
Army expo attendees skeptical of Trump’s Iran peace deal hopes: ‘Beat ’em into submission’
Chinese National Arrested at US University for Poisoning Classmate Engaged in Cutting Edge Cancer Research
Dems Make Historic All-In Midterm Move: Talarico Raises More in Third Quarter Than Any Senate Candidate in History
Politicians Force Their Hands Into Taxpayer Pockets to Fund Agency That Bombed Audit
Fox News Campus Radicals Newsletter: Judeo-Christian values under assault in American schools
State Treasurers Stand Up to the Big 3 Rating Agencies for Punishing Oil-Friendly States with Green-Activist ESG
Breaking: Homes Destroyed, 70k Without Power as Wildfires Devastate Southern California
Cookies, liquor and mocking Nazis fuel final stretch in fiery Texas House race
Cancel Culture Comes for Halloween: School Cancels Parades for ‘Inclusivity’
Watch: SNL’s Michael Che Refuses to Cave to Woke Mob as Interviewer Nags Him About Shane Gillis’ Gym Clothes Joke
Hero dad who took down Oregon school shooter identified along with teacher killed in attack
Kid Rock Opens Up About What Inspired His New Gospel Album, and It’s Quite the Story
Ukraine drone strikes and Iran war split blame on skyrocketing diesel prices
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.
