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.
California authorities search for 2 children allegedly abducted by father, fear for their safety
At least 1 shot, 1 detained after reported active shooter at Texas mall: police
Federal appeals court rejects Trump bid to enforce mail ballot order ahead of midterm elections
Second House Discovered Related to Family With 16 ‘Almost Feral’ Children – Building Described as ‘Just Urine, Feces’
India’s education minister resigns after student protests over medical exam leaks
EXCLUSIVE: Alleged $32M COVID-19 fraud fugitive captured in Jamaica and returned to US, FBI says
Court checks Pritzker as Trump administration scores another immigration win
NYC 5-alarm fire injures at least 17 firefighters, others as blaze damages multiple apartment buildings
Katy Perry ‘appalled’ to see her song used on White House TikTok account
Biden judge blocking Ethiopian deportations despite SCOTUS ruling clashed with ICE before
Fewer Gay Professionals Feel Being Gay Helps Their Career
Trump defends New York Times subpoenas as judge seeks internal DOJ communications
State Officials Blamed Citizens for Death of Bear Stuck Atop Power Pole, but What Bystander Says She Saw Changes Everything
Maine Democrats crown Troy Jackson as Platner replacement as fresh scrutiny clouds Senate reset
Pentagon Official Calls Ex-White House AI Architect ‘Village Idiot’ in China Policy Spat
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.
California authorities search for 2 children allegedly abducted by father, fear for their safety
At least 1 shot, 1 detained after reported active shooter at Texas mall: police
Federal appeals court rejects Trump bid to enforce mail ballot order ahead of midterm elections
Second House Discovered Related to Family With 16 ‘Almost Feral’ Children – Building Described as ‘Just Urine, Feces’
India’s education minister resigns after student protests over medical exam leaks
EXCLUSIVE: Alleged $32M COVID-19 fraud fugitive captured in Jamaica and returned to US, FBI says
Court checks Pritzker as Trump administration scores another immigration win
NYC 5-alarm fire injures at least 17 firefighters, others as blaze damages multiple apartment buildings
Katy Perry ‘appalled’ to see her song used on White House TikTok account
Biden judge blocking Ethiopian deportations despite SCOTUS ruling clashed with ICE before
Fewer Gay Professionals Feel Being Gay Helps Their Career
Trump defends New York Times subpoenas as judge seeks internal DOJ communications
State Officials Blamed Citizens for Death of Bear Stuck Atop Power Pole, but What Bystander Says She Saw Changes Everything
Maine Democrats crown Troy Jackson as Platner replacement as fresh scrutiny clouds Senate reset
Pentagon Official Calls Ex-White House AI Architect ‘Village Idiot’ in China Policy Spat
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.
California authorities search for 2 children allegedly abducted by father, fear for their safety
At least 1 shot, 1 detained after reported active shooter at Texas mall: police
Federal appeals court rejects Trump bid to enforce mail ballot order ahead of midterm elections
Second House Discovered Related to Family With 16 ‘Almost Feral’ Children – Building Described as ‘Just Urine, Feces’
India’s education minister resigns after student protests over medical exam leaks
EXCLUSIVE: Alleged $32M COVID-19 fraud fugitive captured in Jamaica and returned to US, FBI says
Court checks Pritzker as Trump administration scores another immigration win
NYC 5-alarm fire injures at least 17 firefighters, others as blaze damages multiple apartment buildings
Katy Perry ‘appalled’ to see her song used on White House TikTok account
Biden judge blocking Ethiopian deportations despite SCOTUS ruling clashed with ICE before
Fewer Gay Professionals Feel Being Gay Helps Their Career
Trump defends New York Times subpoenas as judge seeks internal DOJ communications
State Officials Blamed Citizens for Death of Bear Stuck Atop Power Pole, but What Bystander Says She Saw Changes Everything
Maine Democrats crown Troy Jackson as Platner replacement as fresh scrutiny clouds Senate reset
Pentagon Official Calls Ex-White House AI Architect ‘Village Idiot’ in China Policy Spat
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.
