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Wednesday, 13 September 2017 23:31

Sanders offers possible tax hikes that could pay for universal Medicare

Written by  David Weigel
Sen. Bernie Sanders (I-Vt.) speaks during a news conference announcing the Medicare for All legislation on Capitol Hill. (Andrew Harrer/Bloomberg News)

The Medicare for All legislation backed by Sen.

Bernie Sanders (I-Vt.) and 16 Senate Democrats does not include details on how it might be paid for. Today, as the bill’s supporters gathered for a crowded, hour-long launch event, Republicans and some liberal columnists took dead aim at that aspect of the bill, asking whether Sanders had wedded vulnerable Democrats — and likely 2020 candidates — to a program that would hike taxes.

“Rather than working to identify the problems with our health care system, she’d rather raise taxes and throw more money at it,” Leah Vukmir, a Republican vying to challenge Sen. Tammy Baldwin (D-Wis.) in 2018, said in a statement. “We cannot afford $1.4 trillion in new spending when our national debt is already more than $20 trillion.”

On Wednesday afternoon, after the launch was over, Sanders’s Senate office released a white paper on possible ways to pay for the legislation. He has rejected public estimates of how much similar plans might cost and suggested no hard estimate for the new bill. But the “white paper,” a combination of possible tax hikes and possible savings, is as close as Sanders will currently get to satisfying the critics.

Read more at WashingtonPost

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