VOX- Bernie Sanders's $32 trillion Medicare-for-all plan is actually kind of a bargain
The federal government would spend a lot more money on health care, but overall US health spending would be about the same as otherwise projected.
$32 trillion.
That is how much federal spending would increase over 10 years under Bernie Sanders’s Medicare-for-all bill, according to a brand-new estimate from the libertarian-leaning Mercatus Center at George Mason University.
Before you question the source (like Sanders did), you should know the left-leaning Urban Institute came up with the exact same number in 2016.
It sure sounds like a lot of money, and conservatives hopped all over the figure on Monday morning. But there are a lot of ways to think about $32 trillion — and one might be that it’s actually kind of a bargain.
Mercatus is projecting a $32 trillion increase in federal spending, above current projected government expenditures, from 2022 to 2031.
More: https://www.vox.com/policy-and-politics/2018/7/30/17631240/medicare-for-all-bernie-sanders-32-trillion-cost-voxcare
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