Sen. Bernie Sanders (I-Vt.) said he wont release a plan showing how hed pay for Medicare for All, claiming, “I dont think I have to do that right now.”
Sanders and fellow 2020 contender Sen. Elizabeth Warren (D-Mass.) have jockeyed with rivals who say Sanderss plan for a government takeover of the health sector—which Warren supports—is impossible because of the high costs it would bring.
Warren has repeatedly refused to say whether the plan would cause taxes for the middle class to rise; Sanders has said it would, but has never provided a plan showing how Medicare for All would be funded.
Medicare for All is projected to cost $32.6 trillion over 10 years.
Sanders was asked how hed fund the plan during an interview published on Oct. 29.
“Were trying to pay for the damn thing. At a time of massive income and wealth inequality, it is my view that the wealthiest people in this country, the top 1/10th of 1 percent should be paying substantially more than theyre paying right now. You have an insane situation. Let my Wall Street friends there tell me why it makes sense,” Sanders told CNBC.
Sanders suggested a wealth tax could contribute substantially to funding Medicare for All but was pressed for more specifics.
“The fight right now is to get the American people to understand that were spending twice as much per capita, that of course we can pay for it. Were paying it now in a very reactionary, regressive way. I want to pay for it in a progressive way,” the self-described socialist responded.
“Youre asking me to come up with an exact detailed plan of how every American—how much youre going to pay more in taxes, how much Im going to pay. I Read More – Source