Bernie Sanders was recently interviewed by the Washington Post and when they asked what his Medicare for All plan would cost, he said $30 to $40 trillion dollars over ten years.
Do people have any real sense of how insanely, other-worldly, expensive that is?
The NTK Network reported:
Bernie Sanders Admits Medicare for All Would Cost Up to $40 Trillion
Sen. Bernie Sanders (I-VT) admitted during an interview with the Washington Post on Tuesday that Medicare for All, his preferred government-run health care system, could cost up to $40 trillion over a 10-year span.
he Washington Post’s Robert Costa asked Sanders to put a number on what his proposal might cost.
“Somewhere between $30 trillion and $40 trillion over a 10-year period,” Sanders responded.
Sanders’ astronomical estimate aligns with a Mercatus Center study conducted last year that pegged the 10-year cost to be about $32.6 trillion.
A senior research strategist from Mercatus testified before Congress and said that “doubling all currently projected federal individual and corporate income tax would be insufficient to finance” Medicare for All.
Sanders typically avoids direct discussions about the costs associated with Medicare for All. Frequently, he qualifies the massive price tag by noting that Medicare for All eliminates premiums, co-pays, and other costs associated with the current system.
Watch the video:
This could explain why Bernie is sinking in many polls. Especially in New Hampshire.
The New York Post reports:
Sanders losing the ‘Bern’ in New Hampshire: poll
He’s Berning out.
Sen. Bernie Sanders’ support in neighboring New Hampshire, where he trounced Hillary Clinton in the 2016 primary election, has fallen 6 percentage points since April, a survey found.
The Vermont independent’s 10 percent level of support in the Granite State left him in fifth place behind Democratic presidential contenders Joe Biden, who leads with 21 percent, Sen. Kamala Harris at 18 percent, Sen. Elizabeth Warren with 17 percent and Mayor Pete Buttigieg at 12 percent, according to the Saint Anselm College Survey Center poll released Monday.
Sanders, who beat Clinton in the February 2016 primary by 22 percentage points, scored 16 percent support in April’s survey.
When Bernie ran in 2016, Democrats had only him or Hillary to choose from and he got tons of attention.
Now, he’s running against a huge field of competitors and things are working out very differently.