The Trump billionaire giveaway was $1.5 trillion
Medicare for all would offer significant savings if you fund it from what employers and employees pay for private insurance
Your desperation is duly noted!
Politics
‘Medicare for All’ Would Cost $32.6 Trillion Over 10 Years, Study Says
THE ASSOCIATED PRESS (RICARDO ALONSO-ZALDIVAR)
July 30, 2018, 12:43 AM EDT Updated on July 30, 2018, 1:11 PM EDT
Washington (AP) -- Sen. Bernie Sanders' "Medicare for all" plan would boost government health spending by $32.6 trillion over 10 years, requiring historic tax hikes, says a study released Monday by a university-based libertarian policy center.
That's trillion with a "T."
The latest plan from the Vermont independent would deliver significant savings on administration and drug costs, but increased demand for care would drive up spending, according to the analysis by the Mercatus Center at George Mason University in Virginia. Doubling federal individual and corporate income tax receipts would not cover the full cost, the study said.
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