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.
Federal HR office pulls back curtain on sweeping NDA plan aimed at curbing government leaks
US and Iran reach ceasefire extension deal pending Trump’s final approval
Breaking: US and Iran Reportedly Reach Peace Agreement Pending Trump’s Approval
Husband’s phone GPS data prompts feds to search 25-foot-deep Bahamian waters for Lynette Hooker: sources
Judge hands Trump mail-ballot win for now as Democrats’ next move looms
Another One: Male LGBT Activist Arrested After Admitting Abusive Plan for 13-Year-Old Boy
1994 NBA Finals Clip Resurfaces Showing Trump at Knicks Game After Hochul Questioned His Fandom
US Military Prepared to Strike Cuba at Moment’s Notice: ‘When POTUS Says Go, We’re Ready’
Clarence Thomas puts Dems on clock as Alabama GOP emergency map bid stalled
Anti-ICE agitators throw wooden pallets, mattresses at federal agents during chaotic NJ detention center clash
Federal government’s landlord joins Vance fraud crackdown as White House widens hunt: ‘Critical force’
Al Green was a fighter for the Democrats. He lost his Texas primary anyway
Pentagon slashes NATO combat commitments as Trump pushes Europe to defend itself
US denies reports of evacuating US Embassy in Kyiv amid threats of Russian airstrikes
Ukrainian veterans are returning injured, broken, and angry. How can the government help them survive?
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.
Federal HR office pulls back curtain on sweeping NDA plan aimed at curbing government leaks
US and Iran reach ceasefire extension deal pending Trump’s final approval
Breaking: US and Iran Reportedly Reach Peace Agreement Pending Trump’s Approval
Husband’s phone GPS data prompts feds to search 25-foot-deep Bahamian waters for Lynette Hooker: sources
Judge hands Trump mail-ballot win for now as Democrats’ next move looms
Another One: Male LGBT Activist Arrested After Admitting Abusive Plan for 13-Year-Old Boy
1994 NBA Finals Clip Resurfaces Showing Trump at Knicks Game After Hochul Questioned His Fandom
US Military Prepared to Strike Cuba at Moment’s Notice: ‘When POTUS Says Go, We’re Ready’
Clarence Thomas puts Dems on clock as Alabama GOP emergency map bid stalled
Anti-ICE agitators throw wooden pallets, mattresses at federal agents during chaotic NJ detention center clash
Federal government’s landlord joins Vance fraud crackdown as White House widens hunt: ‘Critical force’
Al Green was a fighter for the Democrats. He lost his Texas primary anyway
Pentagon slashes NATO combat commitments as Trump pushes Europe to defend itself
US denies reports of evacuating US Embassy in Kyiv amid threats of Russian airstrikes
Ukrainian veterans are returning injured, broken, and angry. How can the government help them survive?
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.
Federal HR office pulls back curtain on sweeping NDA plan aimed at curbing government leaks
US and Iran reach ceasefire extension deal pending Trump’s final approval
Breaking: US and Iran Reportedly Reach Peace Agreement Pending Trump’s Approval
Husband’s phone GPS data prompts feds to search 25-foot-deep Bahamian waters for Lynette Hooker: sources
Judge hands Trump mail-ballot win for now as Democrats’ next move looms
Another One: Male LGBT Activist Arrested After Admitting Abusive Plan for 13-Year-Old Boy
1994 NBA Finals Clip Resurfaces Showing Trump at Knicks Game After Hochul Questioned His Fandom
US Military Prepared to Strike Cuba at Moment’s Notice: ‘When POTUS Says Go, We’re Ready’
Clarence Thomas puts Dems on clock as Alabama GOP emergency map bid stalled
Anti-ICE agitators throw wooden pallets, mattresses at federal agents during chaotic NJ detention center clash
Federal government’s landlord joins Vance fraud crackdown as White House widens hunt: ‘Critical force’
Al Green was a fighter for the Democrats. He lost his Texas primary anyway
Pentagon slashes NATO combat commitments as Trump pushes Europe to defend itself
US denies reports of evacuating US Embassy in Kyiv amid threats of Russian airstrikes
Ukrainian veterans are returning injured, broken, and angry. How can the government help them survive?
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.
