Friday, August 3, 2018

'Medicare For All' Would Cost $32.6 Trillion, And That's Not Even The Worst Of It

Socialized Health Care: Democrats have been falling over themselves to endorse Bernie Sanders' government takeover of health care. Maybe they should have taken a closer look at his "Medicare for all" plan before signing up. The gargantuan price tag is just one of its many terrible flaws.
Last year, 16 Senators, including three presidential hopefuls, co-sponsored Sanders' "Medicare for all" bill. And earlier this month, more than 70 Democrats signed on to form a "Medicare for all" caucus. Support for the bill is now something of a litmus test for Democratic hopefuls.
Do they have any idea what they're endorsing?
A new study out Monday from George Mason University's Mercatus Center finds that Sanders plan would add $32.6 trillion to federal spending in its first 10 years, with costs steadily rising from there. That closely matches other studies — including one by the liberal Urban Institute — that looked at Sanders' plan.
Read the rest of this IBD editorial HERE.

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