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.
Supreme Court Justice Amy Coney Barrett Makes Troubling Concession to Transgender Activists During Oral Arguments
Trump administration projects united front as president weighs Iran options
House Republican recognizes transgender Dem Sarah McBride as ‘the gentleman from Delaware’
Trump signals long road ahead in Venezuela in his boldest interventionist move yet
Trump faces Venezuela war powers uncertainty as he lobbies GOP rebels
Bill Maher Issues Perfect Response to Fellow Celebs Wearing Anti-ICE ‘Be Good’ Pins
ICE head says agents facing ‘constant impediments’ after migrant seen ramming cars while trying to flee
Venezuela releases multiple American citizens from prison following military operation
Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’
DOJ says ‘no basis’ for civil rights investigation into Minneapolis ICE officer killing
GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment
House Democrats Flip, Join Republicans to Overturn Biden-Era Regulation
Minneapolis-area leaders condemn ICE, call for removal amid Trump deportation campaign
White House says Trump gave ‘appropriate’ response after heckler confrontation caught on video at Ford plant
Suspected Venezuelan gangster in Portland CBP attack tied to shooting at apartment complex: police
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.
Supreme Court Justice Amy Coney Barrett Makes Troubling Concession to Transgender Activists During Oral Arguments
Trump administration projects united front as president weighs Iran options
House Republican recognizes transgender Dem Sarah McBride as ‘the gentleman from Delaware’
Trump signals long road ahead in Venezuela in his boldest interventionist move yet
Trump faces Venezuela war powers uncertainty as he lobbies GOP rebels
Bill Maher Issues Perfect Response to Fellow Celebs Wearing Anti-ICE ‘Be Good’ Pins
ICE head says agents facing ‘constant impediments’ after migrant seen ramming cars while trying to flee
Venezuela releases multiple American citizens from prison following military operation
Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’
DOJ says ‘no basis’ for civil rights investigation into Minneapolis ICE officer killing
GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment
House Democrats Flip, Join Republicans to Overturn Biden-Era Regulation
Minneapolis-area leaders condemn ICE, call for removal amid Trump deportation campaign
White House says Trump gave ‘appropriate’ response after heckler confrontation caught on video at Ford plant
Suspected Venezuelan gangster in Portland CBP attack tied to shooting at apartment complex: police
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.
Supreme Court Justice Amy Coney Barrett Makes Troubling Concession to Transgender Activists During Oral Arguments
Trump administration projects united front as president weighs Iran options
House Republican recognizes transgender Dem Sarah McBride as ‘the gentleman from Delaware’
Trump signals long road ahead in Venezuela in his boldest interventionist move yet
Trump faces Venezuela war powers uncertainty as he lobbies GOP rebels
Bill Maher Issues Perfect Response to Fellow Celebs Wearing Anti-ICE ‘Be Good’ Pins
ICE head says agents facing ‘constant impediments’ after migrant seen ramming cars while trying to flee
Venezuela releases multiple American citizens from prison following military operation
Rand Paul says GOP colleagues ‘don’t give a s‑‑t about these people in the boats’: They ‘say they’re pro-life’
DOJ says ‘no basis’ for civil rights investigation into Minneapolis ICE officer killing
GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment
House Democrats Flip, Join Republicans to Overturn Biden-Era Regulation
Minneapolis-area leaders condemn ICE, call for removal amid Trump deportation campaign
White House says Trump gave ‘appropriate’ response after heckler confrontation caught on video at Ford plant
Suspected Venezuelan gangster in Portland CBP attack tied to shooting at apartment complex: police
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.
