Socialist Senator Bernier Sanders –who just this week unveiled a universal healthcare bill- admitted back in 1987 that a single-payer plan would carry an “astronomical” cost and would likely “bankrupt the nation.”
Sanders was speaking with a local Vermont television station when he made the surprising admission, saying that adopting a Canadian healthcare model in the United States would be far too expensive.
“You want to guarantee that all people have access to health care as you do in Canada,” said Sanders.
“But I think what we understand is that unless we change the funding system and the control mechanism in this country to do that—for example, if we expanded Medicaid to everybody,” he added, “Give everybody a Medicaid card—we would be spending such an astronomical sum of money that, you know, we would bankrupt the nation.”
30 years later, Bernie Sanders is pushing exactly the type of healthcare system he critiqued back in 1987; unveiling new legislation this week that he described as “Medicare-for-all.”
Bernie’s proposal is expected to cost an “astronomical” $32 trillion over a ten-year period; a figure that would likely “bankrupt the nation.”
Watch Sanders’ admission above.