Medicare for All Money Quote
Bernie Sanders and other socialists claim that the study I linked to supports their cause. Perhaps I should have simply quoted the entire last paragraph of the study:
As noted earlier, the federal cost of enacting the M4A Act would be such that doubling all federal individual and corporate income taxes going forward would be insufficient to fully finance the plan, even under the assumption that provider payment rates are reduced by over 40 percent for treatment of patients now covered by private insurance. Such an increase in the scope of federal government operations would precipitate a correspondingly large increase in federal taxation or debt and would be unprecedented if undertaken as an enduring federal commitment. There should be a robust public discussion of whether these outcomes are desirable and practicable before M4A’s enactment is seriously considered.
(Emphasis added by me.)
===|==============/ Keith DeHavelle