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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFox and Friends Accidentally Revealed That Americans Support Bernie Sanders' 'Medicare for All' Plan
A new report from the Koch Brothers-funded Mercatus Center revealed that Sen. Bernie Sanders Medicare for All plan would cost the federal government an additional $32.6 trillion over 10 years, but also managed to reveal that its cheaper than the current plan. To which Bernie said: Thanks!
Apparently caught up in the spirit of self-owning, Trumps beloved TV show Fox and Friends asked the public if they believed the benefits outweigh the costs. They conveniently left out the facts about the plan saving the country money, but even so, the reaction was not what they were hoping for: 73 percent of people said yes.
(snip)
The report estimated that the national health expenditure which is the grand total spent on healthcare by the federal government, states, business and individuals would actually be lower with Sanders' plan. In fact, the Koch-funded study revealed it would save $2 trillion in ten years. In summary:
Fox and Friends left out critical information in an attempt at spreading propaganda, but the country still voted that it was worth it. Not only the country, but the people who watch or follow Fox and Friends. The poll meant to condemn Sanders' plan backfired and the internet loved it:
(snip)
https://www.pastemagazine.com/articles/2018/08/fox-and-friends-accidentally-revealed-americans-su.html
H2O Man
(73,581 posts)Thanks for this!
Uncle Joe
(58,389 posts)dae
(3,396 posts)malaise
(269,144 posts)MontanaMama
(23,334 posts)Last edited Thu Aug 2, 2018, 01:11 PM - Edit history (1)
Faux has really been stepping on their own toes lately.
lapucelle
(18,303 posts)when the Kochs release ads saying "Medicare for all proponents accept the findings of our study, and our study also found that income taxes would need to more than double to pay for the Sanders plan".
Here's the abstract of the study's findings.
Doubling all currently projected federal individual and corporate income tax collections would be insufficient to finance the added federal costs of the plan. It is likely that the actual cost of M4A would be substantially greater than these estimates, which assume significant administrative and drug cost savings under the plan, and also assume that healthcare providers operating under M4A will be reimbursed at rates more than 40 percent lower than those currently paid by private health insurance.
Because the devil is in the details, all the details should have been considered before the study's findings were accepted and gleefully touted.
lapucelle
(18,303 posts)But Graboyes warned that, according to the report, even doubling all currently projected federal individual and corporate income tax collections would be insufficient to finance the costs of Medicare-for-All.
In individual states like California and Vermont, similar single-payer healthcare plans tanked because increasing taxes was too much of a gamble, he said.
I hope that by touting this report, we are not actually playing into the Koch brothers' hands.
https://abcnews.go.com/Politics/32-trillion-price-tag-sanders-medicare-program-koch/story?id=56938226
JCanete
(5,272 posts)that We would save anywhere from 500 billion on health care to 2 trillion over the next ten years, and Sanders has pounced on that. I think people can understand that even if they are paying more income tax, they are paying less on insurance.
And no, we don't actually know why they tanked in Vermont or California. We know the public justification for not backing them. That isn't the same thing.
lapucelle
(18,303 posts)It was unwise to embrace any part of this study. It gives it credibility, and the Kochs will use that credibility to their advantage. The last thing we need is a Koch-funded study framing the narrative about medicare for all.
JCanete
(5,272 posts)no it wasn't unwise. I think we can easily make the case that the Koch study is an attempt at worst case...that it is propaganda, and even that is weak sauce given that the numbers are still favorable to the American public.
lapucelle
(18,303 posts)How can we "easily make the case that the Koch study is propaganda" after we embraced some of its findings?
JCanete
(5,272 posts)lapucelle
(18,303 posts)that a think tank claims will double their income taxes, especially after seeming to agree with the findings of the think tank's study? Back peddling is never the best option.
The "easiest" thing would have been to consider all the findings of the study before validating it and publicizing it as "proving our point".
Uncle Joe
(58,389 posts)it never stated that all income taxes would be doubled, it only gave an "if" scenario
No doubt tax increases will based on income as one source of funding but to my knowledge there has been nothing specifically spelled out.
One thing I do know, three individuals own as much wealth as the bottom half of the nation, that's over 160 million Americans.
lapucelle
(18,303 posts)From the abstract:
A WaPo opinion piece noted:
[T]he market-oriented Mercatus Center, which takes funding from the Kochs, has a new report out on the costs of the [Sanders's] pet project. Under certain assumptions, the report found, Medicare for All would reduce total U.S. health expenditures by about $2 trillion over a 10-year period.
snip=============================
Having stacked the deck in favor of "M4A," as Sanders calls his proposal, [the study] then comes up with a price tag: By 2031, the federal government would be spending an additional $4.2 trillion a year. For reference, the amount is slightly more than the total the U.S. government expects to spend this year. Suddenly doubling the federal budget has happened once before in modern history: during World War II.
Medicare for All advocates will protest: Think of all the money that people wouldn't need to spend on premiums! But the advocates already face an uphill battle persuading people to give up their current insurance which 70 percent of Americans say they're quite happy with, according to Gallup for a massive Medicare expansion that might not suit them as well. The climb would be stiff indeed after people found out that their taxes were being doubled to pay for it.
https://www.washingtonpost.com/opinions/have-free-marketers-and-the-far-left-finally-found-something-they-can-agree-on/2018/07/31/6d1436ce-9504-11e8-80e1-00e80e1fdf43_story.html?noredirect=on&utm_term=.3b2fe2a01fa2
https://www.mercatus.org/system/files/blahous-costs-medicare-mercatus-working-paper-v1_1.pdf
demmiblue
(36,875 posts)ProfessorGAC
(65,134 posts). . .in any articles i've seen on the subject here, since this report first surfaced.
Taxes go up, individual premium costs go down. I haven't see that detailed in any of these write ups.
So, the net cost to the typical citizen may be close a wash.
Uncle Joe
(58,389 posts)One side effect will be the elimination of hundreds of thousands of bankruptcies based on medical bills, that should create major positive reverberations to the overall economy.
babylonsister
(171,079 posts)lagomorph777
(30,613 posts)Thrill
(19,178 posts)And run on them
CentralMass
(15,265 posts)enid602
(8,642 posts)Putin must be resurrecting the Bern for the midterms.
Submariner
(12,506 posts)[link:
|PrairieBlueCat
(42 posts)Franklin Roosevelt and Harry Truman first proposed Medicare for All, by a different name. Can we give credit to the right people, and not pretend Mr. Sanders invented every progressive idea?
demmiblue
(36,875 posts)PrairieBlueCat
(42 posts)Keep feelin' that Bern!
demmiblue
(36,875 posts)PrairieBlueCat
(42 posts)demmiblue
(36,875 posts)George II
(67,782 posts)....have introduced Medicare for All (not necessarily under that name) every year going back to the early 1940s.
lapucelle
(18,303 posts)in almost every session of Congress since 2003. (He deferred to President Obama's efforts in 2009), and it's STILL the gold standard legislative plan. There is no Senate version.
http://www.medicareforall.org/pages/HR676
http://www.medicareforall.org/pages/S1804
Voltaire2
(13,109 posts)But I'm glad you agree that this is a core Democratic Party program, that mainstream Democrats have supported Medicare for All for more than 70 years.
George II
(67,782 posts)saidsimplesimon
(7,888 posts)is a winner if you ask those struggling with marginal health care and prescription coverage, or no coverage at all, regardless of party.
To those that think Senator Sanders invented the idea, I say, they are woefully ignorant of history. (not you Joe, you know who)
NCTraveler
(30,481 posts)Might seem so to the political neophyte.
Omaha Steve
(99,686 posts)Even a broken clock is right twice in 24 hours.