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Thursday, Feb 4 2016

Full Issue

New Study Questions Price Tag On Sanders' 'Medicare For All' Plan

An analysis by the Committee for a Responsible Federal Budget projects the candidate's health care plans could add $3 trillion or more to the national debt over the next 10 years.

As interest grows in Bernie Sanders鈥 鈥渞evolutionary鈥 agenda following his strong showing against Hillary Clinton in the Democratic Iowa caucuses, a new study warns that the Vermont senator鈥檚 plan for universal government health care coverage could add as much as $14 trillion to the national debt over the coming decade -- even with enactment of the massive tax hikes that Sanders has outlined. (Pianin, 2/3)

Bernie Sanders put a pretty big price tag -- $14 trillion over a decade -- on his Medicare-for-All proposal. But he also promised to pay for it in full through higher taxes, especially on the rich. A new analysis by the Committee for a Responsible Federal Budget suggests that the plan may increase deficits by at least $3 trillion, and that's assuming Sanders correctly estimated the cost. (Sahadi, 2/3)

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