Elizabeth Warren’s pledge to reveal how she'd pay for her 'Medicare for All' plan carries big risks, no matter which path she takes
carries big risks, no matter which path she takes.
But with Warren’s primary rivals pressuring her for details, lawmakers, health policy experts and academics say she has several credible options for paying to extend government health insurance to all Americans. Here are some of the taxes, spending cuts and budget shuffling ideas under consideration by experts, and the pros and cons.
Pros: Some of these proposals, or a combination of several of them, could go a long way toward paying for a single-payer system. Whacking the rich also is an appealing populist stance for a progressive candidate. “You need to consider some substantial broad-based tax increases on a large number of Americans, but that’s not the kind of thing campaigns like to talk about,” said American Enterprise Institute researcher Ben Ippolito.Warren and other supporters of Medicare for All are expected to turn to employer payroll taxes to help cover the bill, because that tax already funds government health care and likely would cause the least disruption. Sen. Bernie Sanders has proposed a 7.
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