2020 Democrat presidential candidate Sen. Elizabeth Warren (D-MA) has come under increased pressure in debates and campaign appearances to say whether she would raise taxes to pay for her Medicare for All proposal and other initiatives.
Medicare for All has been estimated to cost at least $32 trillion over a decade, which would be a massive increase in the budget. And many experts say the estimate is probably low and providing health care for everyone in the country could cost many trillions more.
Warren has so far avoided questions about higher taxes, saying only that health care costs would decline under her plan. The candidate has been rising in polls as questions about frontrunner Joe Biden’s mental fitness have increased.
Sen. Bernie Sanders (I-VT) has also made Medicare for All a part of his platform, but he has set out a financing plan that includes higher taxes on high income earners and businesses, plus a 4 percent premium on wage earners making more than $29,000.
Even late night host Stephen Colbert has said that Warren isn’t telling everything about her plans to raise taxes and that she should be more forthcoming. “I’ve listened to these answers a few times before and I just want to make a parallel suggestion to you that you might defend the taxes perhaps that you’re not mentioning in your sentence,” Colbert said to Warren.
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