COLONEL SANDERS & SHE GUEVARA COULD DOUBLE TAXES AND IT STILL WOULDN'T PAY FOR THEIR "PLAN"
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.
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.
Sanders' plan builds on Medicare, the popular insurance program for seniors. All U.S. residents would be covered with no copays and deductibles for medical services.
Sanders' office has not done a cost analysis, a spokesman said.
Also called "single-payer" over the years, "Medicare for all" reflects a longtime wish among liberals for a government-run system that covers all Americans.
Sanders' idea has broad rank-and-file support among DEMOCRATS.
Looking ahead to the 2020 election, DEMOCRATS are debating whether single-payer should be a "litmus test" for national candidates.
https://www.bloomberg.com/news/articles/2018-07-30/study-medicare-for-all-bill-estimated-at-32-6-trillion