The “Medicare for All” plan touted by Vermont Senator Bernie Sanders and other left-wing legislators would cost a staggering $32.6 trillion over its first ten years, says a new financial report surrounding the proposal.
According to Fox News, a new study release by George Mason University reveals the true cost of providing universal healthcare to every American; adding the massive federal program would send medical costs through the roof.
“[The current bill] would add approximately $32.6 trillion to federal budget commitments during the first 10 years of its implementation (2022–2031),” says the study.
“The hikes would allow the government to replace what employers and consumers currently pay for health care — delivering significant savings on administration and drug costs, but increased demand for care that would drive up spending, according to the report,” writes Fox News.
The new program would likely cost nearly 13% of total GDP by the year 2031.
Read the full story at Fox News.
BERNIE BREAKS WITH DEMS: Sanders Says Trump-Kim Summit a ‘POSITIVE STEP’
Vermont Senator Bernie Sanders publicly praised President Trump’s Singapore summit with North Korean leader Kim Jong Un Tuesday, saying the meeting was a “positive step” towards “de-escalating” tensions in the region.
The socialist Senator broke with Democrats after Pelosi slammed Trump’s high-stakes summit as “hasty,” adding Trump’s negotiation will help minimize the risk of nuclear war across the globe.
“While very light on substance, Trump and Kim Jong Un’s meeting is a positive step in de-escalating tensions and addressing the threat of North Korea’s nuclear weapons. Congress has a key role to play in making sure this is a meaningful process, not just a series of photo ops,” tweeted Sanders.
While very light on substance, Trump and Kim Jong Un's meeting is a positive step in de-escalating tensions and addressing the threat of North Korea’s nuclear weapons. Congress has a key role to play in making sure this is a meaningful process, not just a series of photo ops.
— Bernie Sanders (@SenSanders) June 12, 2018
The Senator’s comments come on the heels of Trump’s announcement that the US will halt all future war games with the South Korean military; saying the drills are too costly and too “provocative” at this sensitive time.
BERNIE GOES OFF: Sanders Thanks DC Liberals for Advancing ‘EXTREMIST IDEAS’
Vermont Senator Bernie Sanders raised eyebrows throughout the nation’s capital Wednesday, thanking DC liberals for transforming “radical” and “extremist ideas” into “mainstream American ideas.”
Sanders was speaking at the ‘We the People’ summit in Washington, DC when he praised those in attendance for helping to advance his liberal message, saying his supporters have brought those “fringe ideas” to the masses.
“Many of the ideas that we talked about were thought to be fringe ideas, radical ideas, extremist ideas,” said the Vermont Senator. “Well, you know what? Because of your efforts, those ideas are mainstream American ideas.”
“I want to thank all of the groups here, because whether you know it or not, you have helped transform this country in so many ways,” he added.
Watch Sanders’ comments above.