Elizabeth Warren's 'Medicare for All' plan is too much of a political reach to actually be implemented on Capitol Hill, says Jared Bernstein
— from 3% to 6% for household net worth over $1 billion — to help pay for it. Her proposed 2% tax on net worth over $50 million remains unchanged.
"In terms of making the numbers added up — yeah, there are a lot of questions there," said Bernstein, who was chief economist for Biden when he was vice president during"My biggest misgiving about the plan is that it's really hard to transition 160 million people from employer-provided coverage — many of them, and I'm one of them, really like that coverage — without a much longer transition plan than I see in here," added Bernstein, who was in the Obama...
While she knows that not every legislator or fellow 2020 presidential candidate will support her Medicare for All plan, Warren wrote,"Make no mistake — any candidate who opposes my long-term goal of 'Medicare for All' and refuses to answer these questions directly should concede that they have no real strategy for helping the American people address the crushing costs of health care in this country. We need plans, not slogans," she also wrote.
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