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.
Biden-appointed judge hands Letitia James setback in latest Trump legal clash
Florida deputies taser sword-wielding burglary suspect, video shows
Top public university’s ‘LGBTQ+ lab’ hit with race-bias complaint amid $700K in Trump-era federal funding
Texas triple murderer uses last words before execution to send message to death row inmates
Ken Paxton Shuts Down Alleged Chinese ‘Birth Tourism Center’ Ahead of Race Against Talarico
Trump-Xi summit could hold key to lower gas prices, GOP chairman says
Italy Scrambles Warships Toward Red Sea as Houthis Close in on Global Shipping Chokepoint
Federal appeals court deals blow to Trump deportation agenda
MN Dem Sen candidate in hot seat over upcoming event hosted by man enveloped in fraud scandal: ‘Red flags’
Republicans face brutal midterm headwinds. Six forces could help them defy history.
Thune’s midterm crossroads: Keep the Senate working or let candidates campaign
Parents accuse Oregon hospital of making them drive dead baby home to Seattle: lawsuit
Tennessee cops raided man’s home after he criticized officer for speeding: lawsuit
Pure Evil: Missouri Mother Pleads Out After Baking Tiny Baby to Death in Oven – Her Sentence Proves Society Has Lost Its Way
Illegal alien allegedly grabs school police officer’s gun, shoots him in femoral artery: DOJ
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.
Biden-appointed judge hands Letitia James setback in latest Trump legal clash
Florida deputies taser sword-wielding burglary suspect, video shows
Top public university’s ‘LGBTQ+ lab’ hit with race-bias complaint amid $700K in Trump-era federal funding
Texas triple murderer uses last words before execution to send message to death row inmates
Ken Paxton Shuts Down Alleged Chinese ‘Birth Tourism Center’ Ahead of Race Against Talarico
Trump-Xi summit could hold key to lower gas prices, GOP chairman says
Italy Scrambles Warships Toward Red Sea as Houthis Close in on Global Shipping Chokepoint
Federal appeals court deals blow to Trump deportation agenda
MN Dem Sen candidate in hot seat over upcoming event hosted by man enveloped in fraud scandal: ‘Red flags’
Republicans face brutal midterm headwinds. Six forces could help them defy history.
Thune’s midterm crossroads: Keep the Senate working or let candidates campaign
Parents accuse Oregon hospital of making them drive dead baby home to Seattle: lawsuit
Tennessee cops raided man’s home after he criticized officer for speeding: lawsuit
Pure Evil: Missouri Mother Pleads Out After Baking Tiny Baby to Death in Oven – Her Sentence Proves Society Has Lost Its Way
Illegal alien allegedly grabs school police officer’s gun, shoots him in femoral artery: DOJ
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.
Biden-appointed judge hands Letitia James setback in latest Trump legal clash
Florida deputies taser sword-wielding burglary suspect, video shows
Top public university’s ‘LGBTQ+ lab’ hit with race-bias complaint amid $700K in Trump-era federal funding
Texas triple murderer uses last words before execution to send message to death row inmates
Ken Paxton Shuts Down Alleged Chinese ‘Birth Tourism Center’ Ahead of Race Against Talarico
Trump-Xi summit could hold key to lower gas prices, GOP chairman says
Italy Scrambles Warships Toward Red Sea as Houthis Close in on Global Shipping Chokepoint
Federal appeals court deals blow to Trump deportation agenda
MN Dem Sen candidate in hot seat over upcoming event hosted by man enveloped in fraud scandal: ‘Red flags’
Republicans face brutal midterm headwinds. Six forces could help them defy history.
Thune’s midterm crossroads: Keep the Senate working or let candidates campaign
Parents accuse Oregon hospital of making them drive dead baby home to Seattle: lawsuit
Tennessee cops raided man’s home after he criticized officer for speeding: lawsuit
Pure Evil: Missouri Mother Pleads Out After Baking Tiny Baby to Death in Oven – Her Sentence Proves Society Has Lost Its Way
Illegal alien allegedly grabs school police officer’s gun, shoots him in femoral artery: DOJ
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.
