Home What We are Talking About Warren’s plan to pay for ‘Medicare for All’: $20.5 trillion in new spending, taxes on the rich and corporations

Warren’s plan to pay for ‘Medicare for All’: $20.5 trillion in new spending, taxes on the rich and corporations

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Warren’s plan to pay for ‘Medicare for All’: $20.5 trillion in new spending, taxes on the rich and corporations
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Sen. Elizabeth Warren, D-Mass., released a detailed plan Friday that she says would fully fund a “Medicare for All” bill and cover every American without premiums or deductibles, all with “not one penny in middle-class tax increases.”

Warren’s campaign estimates her plan would keep combined public and private health spending “just under” $52 trillion over the next 10 years, in line with projections under existing law, but would require the federal government to absorb $20.5 trillion in new spending. It seeks to use efficiency savings generated by Medicare for All to cover the uninsured at a similar total cost and add new benefits for dental, vision and long-term care.

Read the rest of the story at NBC News.