Elizabeth Warren famously has a plan for everything—everything, that is, except financing the single-payer health care system she says she supports. It’s a telling omission that reveals what happens when Warren’s wonky tendencies come into conflict with her campaign mantras.
Since launching her presidential campaign, the Massachusetts Democrat has rolled out Warren-branded plans for everything from universal childcare to green energy to “economic patriotism.” But on health care, so far, the senator has been content to endorse Bernie Sanders’ Medicare for All plan, which would eliminate most private health insurance and set up a government-run health insurance system, without putting forth one of her own.
The Sanders plan would, according to Sanders himself as well as multiple independent estimates, require new government spending totaling somewhere between $30 and $40 trillion a year. While Sanders has outlined ways to offset some of that cost, he hasn’t put forth a plan to fully finance the additional spending. He has, however, made clear that it would require higher taxes on the middle class.