AXIOS November 1, 2019
Sen. Elizabeth Warren has released her long-awaited plan to pay for “Medicare for All,” which she says will put the $11 trillion that would be spent out-of-pocket on health care over 10 years “back in the pockets of American families.”
The bottom line: This will be paid for “with targeted spending cuts, new taxes on giant corporations and the richest 1% of Americans, and by cracking down on tax evasion and fraud. Not one penny in middle-class tax increases,” the plan states.
The big picture: When combined with aggressive cost control measures and the redirection of current state spending into the “Medicare for All” system, Warren says her plan requires an additional $20.5 trillion of federal...