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News: @BernieSanders introduces his Medicare For All Act of 2019, cosponsored by 14 Senate Democrats including Booker, Gillibrand, Harris and Warren.
Here’s the 100-page bill: sanders.senate.gov/download/medic…
And his official summary 👇
Here’s the 100-page bill: sanders.senate.gov/download/medic…
And his official summary 👇
.@BernieSanders lays out some “options” to finance single payer health insurance—4% fee on income >$29k for family of four; 7.5% payroll tax above $2 million; ending health tax breaks; taxing estates, upper income, wealth; a fee on big banks, targeting corp accounting “gimmicks.”
Notable that Bernie Sanders’ plan ends the tax break for employer-based coverage, which single payer would hollow out anyway. It’s currently the most expensive tax expenditure and costs the Treasury $172.8 billion per year (JCT FY2019 est).
Here is Bernie Sanders’ paper on financing the Medicare For All Act. sanders.senate.gov/download/medic…
Key section:
Key section:
