From WSJopinion: Bernie Sanders’s health plan comes up $12.5 trillion short, while Elizabeth Warren’s spares the middle class a tax increase, writes baselinescene
Highlights from CBS News's Democratic presidential debate on Feb. 25, 2020 demonstrate the candidates' rising desperation as they realize Donald Trump could win another term in office. Image: Jonathan Ernst/ReutersBernie Sanders released an updated plan last week to pay for Medicare for All. The plan is light on details, but leaves the senator at least $12.
5 trillion short of covering the cost of his health-care proposal over 10 years. It calls for some tax increases on working families, but the real burden may be much higher than advertised: Mr. Sanders may have to raise taxes on American workers by 16 percentage points or more to avoid multitrillion-dollar deficits. Fortunately, Elizabeth Warren’s financing plan for Medicare for All offers a better alternative.
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