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.
‘Planted Fake Corpses’: Former El-Sayed Campaign Worker Charged in Alleged Conspiracy to Victimize Supporters of Israel
Teen previously convicted in shooting accused of killing pregnant mom of 4 inside Spirit Halloween
Power Outage Hits Key Michigan County Shortly Before Polls Close
Democrats score major Senate victory as Pappas defeats Trump-backed Republican in key battleground
Democrats hold firm in Georgia as Republicans fail to flip prized Senate seat
Man, 86, and his dog rescued hundreds of miles off California coast after going silent for 2 months
Michigan voters split between party loyalty and Senate candidates in closely watched race
DOJ sends target letters to Marc Elias and other Democrats over decoy Dan Sullivan candidacy
Election Interference: Postal Worker Indicted for Allegedly Stealing Hundreds of Republican Mailers
Trump Celebrates GOP Flip of Guam Governor and Legislature as ‘An Indication for Things to Come’
Kansas postal worker indicted for stealing mail, including hundreds of Republican election flyers
NTSB finds ‘no evidence’ of Mar-a-Lago connection after Florida jet crash kills nine people
ASRA NOMANI: Muslim reformers reject ‘fire will rise’ warning if El-Sayed loses as ‘Jihad First’
Retired NYPD officer arrested after ‘off with his head’ post over Florida mosque expansion
Man Who Set Out in 1998 to Walk the Entire Globe Finally Returns Home
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.
‘Planted Fake Corpses’: Former El-Sayed Campaign Worker Charged in Alleged Conspiracy to Victimize Supporters of Israel
Teen previously convicted in shooting accused of killing pregnant mom of 4 inside Spirit Halloween
Power Outage Hits Key Michigan County Shortly Before Polls Close
Democrats score major Senate victory as Pappas defeats Trump-backed Republican in key battleground
Democrats hold firm in Georgia as Republicans fail to flip prized Senate seat
Man, 86, and his dog rescued hundreds of miles off California coast after going silent for 2 months
Michigan voters split between party loyalty and Senate candidates in closely watched race
DOJ sends target letters to Marc Elias and other Democrats over decoy Dan Sullivan candidacy
Election Interference: Postal Worker Indicted for Allegedly Stealing Hundreds of Republican Mailers
Trump Celebrates GOP Flip of Guam Governor and Legislature as ‘An Indication for Things to Come’
Kansas postal worker indicted for stealing mail, including hundreds of Republican election flyers
NTSB finds ‘no evidence’ of Mar-a-Lago connection after Florida jet crash kills nine people
ASRA NOMANI: Muslim reformers reject ‘fire will rise’ warning if El-Sayed loses as ‘Jihad First’
Retired NYPD officer arrested after ‘off with his head’ post over Florida mosque expansion
Man Who Set Out in 1998 to Walk the Entire Globe Finally Returns Home
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.
‘Planted Fake Corpses’: Former El-Sayed Campaign Worker Charged in Alleged Conspiracy to Victimize Supporters of Israel
Teen previously convicted in shooting accused of killing pregnant mom of 4 inside Spirit Halloween
Power Outage Hits Key Michigan County Shortly Before Polls Close
Democrats score major Senate victory as Pappas defeats Trump-backed Republican in key battleground
Democrats hold firm in Georgia as Republicans fail to flip prized Senate seat
Man, 86, and his dog rescued hundreds of miles off California coast after going silent for 2 months
Michigan voters split between party loyalty and Senate candidates in closely watched race
DOJ sends target letters to Marc Elias and other Democrats over decoy Dan Sullivan candidacy
Election Interference: Postal Worker Indicted for Allegedly Stealing Hundreds of Republican Mailers
Trump Celebrates GOP Flip of Guam Governor and Legislature as ‘An Indication for Things to Come’
Kansas postal worker indicted for stealing mail, including hundreds of Republican election flyers
NTSB finds ‘no evidence’ of Mar-a-Lago connection after Florida jet crash kills nine people
ASRA NOMANI: Muslim reformers reject ‘fire will rise’ warning if El-Sayed loses as ‘Jihad First’
Retired NYPD officer arrested after ‘off with his head’ post over Florida mosque expansion
Man Who Set Out in 1998 to Walk the Entire Globe Finally Returns Home
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.
