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.
Socialism goes west as DSA-backed challenger ousts longtime Democrat
DOJ says 11 migrants indicted in multi-state sex trafficking, drug, firearms case
Anti-Trump senator defeated by far-left rival after heated gubernatorial primary
Ex-talk show host will take on former chief advisor to Kamala Harris’ husband
Mamdani comparisons follow Colorado Democrat into pivotal House race after primary win
Detroit City Council narrowly votes to renew ShotSpotter gunshot detection contract despite opposition
Ketanji Brown Jackson Called an ‘Embarrassment’ for Using Social Media Slang in Birthright Citizenship Opinion
Federal judge blocks blue state’s law prohibiting ICE agents from wearing masks on the job
China-Based Tech Mogul Who Funds US Communist Groups in Grand Jury Crosshairs: Report
Watch: Taylor Swift Gets Hostile Reaction from Country Music Fans During Surprise Appearance
Republican Party to host historic midterm convention in Dallas, Trump announces on Truth Social
Warren Buffett Skips His Decades-Long Gates Foundation Tradition Over Epstein Concerns
Trump Haters Scream ‘Nazi!’ Over Bald Eagle Image, There’s Just One Thing They Missed and It Proves They’re Totally Ignorant
Trump Brushes Off Birthright Citizenship Loss, Celebrates ‘Most Consequential Decision’ That Gives ‘Tremendous Additional Power Back to the Presidency’
Fox News Poll: Maine Senate race is tight, with concerns about both candidates
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.
Socialism goes west as DSA-backed challenger ousts longtime Democrat
DOJ says 11 migrants indicted in multi-state sex trafficking, drug, firearms case
Anti-Trump senator defeated by far-left rival after heated gubernatorial primary
Ex-talk show host will take on former chief advisor to Kamala Harris’ husband
Mamdani comparisons follow Colorado Democrat into pivotal House race after primary win
Detroit City Council narrowly votes to renew ShotSpotter gunshot detection contract despite opposition
Ketanji Brown Jackson Called an ‘Embarrassment’ for Using Social Media Slang in Birthright Citizenship Opinion
Federal judge blocks blue state’s law prohibiting ICE agents from wearing masks on the job
China-Based Tech Mogul Who Funds US Communist Groups in Grand Jury Crosshairs: Report
Watch: Taylor Swift Gets Hostile Reaction from Country Music Fans During Surprise Appearance
Republican Party to host historic midterm convention in Dallas, Trump announces on Truth Social
Warren Buffett Skips His Decades-Long Gates Foundation Tradition Over Epstein Concerns
Trump Haters Scream ‘Nazi!’ Over Bald Eagle Image, There’s Just One Thing They Missed and It Proves They’re Totally Ignorant
Trump Brushes Off Birthright Citizenship Loss, Celebrates ‘Most Consequential Decision’ That Gives ‘Tremendous Additional Power Back to the Presidency’
Fox News Poll: Maine Senate race is tight, with concerns about both candidates
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.
Socialism goes west as DSA-backed challenger ousts longtime Democrat
DOJ says 11 migrants indicted in multi-state sex trafficking, drug, firearms case
Anti-Trump senator defeated by far-left rival after heated gubernatorial primary
Ex-talk show host will take on former chief advisor to Kamala Harris’ husband
Mamdani comparisons follow Colorado Democrat into pivotal House race after primary win
Detroit City Council narrowly votes to renew ShotSpotter gunshot detection contract despite opposition
Ketanji Brown Jackson Called an ‘Embarrassment’ for Using Social Media Slang in Birthright Citizenship Opinion
Federal judge blocks blue state’s law prohibiting ICE agents from wearing masks on the job
China-Based Tech Mogul Who Funds US Communist Groups in Grand Jury Crosshairs: Report
Watch: Taylor Swift Gets Hostile Reaction from Country Music Fans During Surprise Appearance
Republican Party to host historic midterm convention in Dallas, Trump announces on Truth Social
Warren Buffett Skips His Decades-Long Gates Foundation Tradition Over Epstein Concerns
Trump Haters Scream ‘Nazi!’ Over Bald Eagle Image, There’s Just One Thing They Missed and It Proves They’re Totally Ignorant
Trump Brushes Off Birthright Citizenship Loss, Celebrates ‘Most Consequential Decision’ That Gives ‘Tremendous Additional Power Back to the Presidency’
Fox News Poll: Maine Senate race is tight, with concerns about both candidates
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.
