Tax Hikes on the Wealthy Alone Can’t Pay for ‘Medicare for All’
- 2020 Democratic policies would require trillions in new taxes
- ‘There isn’t $30 trillion sitting around from high earners’
Bernie Sanders introducing ‘Medicare for All’, Washington, April 9.
Photographer: Mark Wilson/Getty Images North AmericaThis article is for subscribers only.
Thirty trillion dollars, even in U.S. budget terms, is a lot of money.
That’s the rough estimate from some analysts of the 10-year cost of Senator Bernie Sanders’ “Medicare for All” plan, just one of many expensive social programs that some of the 21 Democrats seeking to replace President Donald Trump have proposed.