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Think tank finds Bernie's 'Medicare for all' shtick isn't viable even if overall taxation is doubled
July 30, 2018
A conservative estimate by the Mercatus Center found that Sen. Bernie Sanders' (I-Vt.) proposed "Medicare for all" plan will set the national budget back by $32.6 trillion in the first ten years of its implementation. And that's not the total cost.
The group also found that federal, individual, and corporate tax rates -- if doubled to support this plan -- would still not be enough to finance it.
For this to function even remotely adequately, services to patients would have to be slashed and payments to medical providers would decrease by up to 40 percent.
"As long as it's not them [millennials] paying for it, they don't care," concurred Pat and Keith on Monday's episode of "Pat Gray Unleashed."
"Although, they're not making the kind of money right now where it matters all that much to them. Eventually, they will be," asserted Pat.
"And it will cost them dearly. But they don't care about that. They don't look down the road that far enough."
To read more about this report, click here.
To see more from Pat, visit his channel on TheBlaze and listen live to “Pat Gray Unleashed” with Pat Gray weekdays 12 p.m. – 3 p.m. ET, only on TheBlaze Radio Network. Want more of Pat? Check him out on Facebook, Twitter, and YouTube.
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