Lately pundits and establishment politicians have been zeroing in on an age-old attack against Medicare for All: “How are we going to pay for it?”
The question has dominated recent debates, Sunday morning panel discussions, and talk show interviews — and it’s revealed a major difference between Bernie Sanders and Elizabeth Warren.
Sanders, who has been advocating for single-payer Medicare for All for decades, has taken the question head-on. “I think it’s fair to say that yes, taxes will go up,” he said in the October Democratic primary debate, before going on to explain that, since the plan will eliminate all premiums, copays, deductibles, and bills, it will save the vast majority of Americans substantial sums of money (not to mention the time, stress, and agony that goes with our current market-based healthcare system).
Warren, meanwhile, has repeatedly dodged the topic of taxes. Then on Friday, Nov. 1, she released her plan to fund Medicare for All. Not surprisingly, her plan relies on a Rube Goldberg-like series of mechanisms for funding, which leaves it open to attack and compromise. Simply put, funding Medicare for All through a hodgepodge of revenue streams — sprawled across different agencies, departments, budgets, and committees... (read more)