She better NOT win the nomination!
Elizabeth Warren Releases Plan to Pay for ‘Medicare for All’
By Thomas Kaplan, Abby Goodnough and Margot Sanger-Katz
Nov. 1, 2019, 8:38 a.m. ET
WASHINGTON — Senator Elizabeth Warren on Friday proposed $20.5 trillion in new spending through huge tax increases on businesses and wealthy Americans to pay for “Medicare for all,” laying out details for a landmark government expansion that will pose political risks for her presidential candidacy while also allowing her to say she is not raising taxes on the middle class to pay for her health care plan.
Ms. Warren, who has risen steadily in the polls with strong support from liberals excited about her ambitious policy plans, has been under pressure from top rivals like former Vice President Joseph R. Biden Jr. to release details about paying for her biggest plan, “Medicare for all.” Her new proposal marks a turning point for her campaign, in which she will have to sell voters on a huge tax-and-spending plan that rivals the ambitions of the New Deal and the Great Society while also defending it against both Democratic and Republican criticism.
Under Ms. Warren’s plan, employer-sponsored health insurance — which more than half of Americans now receive — would be eliminated and replaced by free government health coverage for all Americans, a fundamental shift from a market-driven system that has defined health care in the United States for decades but produced vast inequities in quality, service and cost.
Ms. Warren would pay for the $20.5 trillion in new federal spending through a mix of sources, including by requiring employers to pay trillions of dollars to the government, replacing much of what they currently spend to provide health coverage to workers. She would create a tax on financial transactions like stock trades, change how investment gains are taxed for the top 1 percent of households and ramp up her signature wealth tax proposal to be steeper on billionaires. She is also counting on savings from cuts to military spending.
more:
http://www.nytimes.com/2019/11/01/us/politics/elizabeth-warren-medicare-for-all.html?action=click&module=Top%20Stories&pgtype=Homepage
DO SOMETHING!
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