Elizabeth Warren Releases Details of $52 Trillion Health Care Plan That She Claims Middle Class Will Not Have to Pay For
On the Democratic Debate stage, front running Democratic presidential candidate Elizabeth Warren (D-MA) has been often criticized by her opponents for being deceiving and elusive on how she would pay for her universal healthcare plan. On Friday, her campaign released more details on exactly how much the plan will cost and more claims about how middle class Americans will not have to pay for it.
Today, I’m releasing my plan to pay for #MedicareForAll. Here’s the headline: My plan won't raise taxes one penny on middle-class families. In fact, we'll return about $11 TRILLION to the American people. That's bigger than the biggest tax cut in our history. Here's how:
— Elizabeth Warren (@ewarren) November 1, 2019
In the report, Warren shows that her plan would cost a staggering $52 trillion to fund. She claims this entire cost will be covered by “the top 1%, Wall Street, [and] big corporations”. This would be done by taking money that businesses are currently paying for employee healthcare and forcing them to give it to the government. The rest is covered “largely with taxes on big corporations, Wall Street, and the top 1%”
She says with her plan “We don’t need to raise taxes on the middle class by one penny to finance Medicare-for-All.” But the “largely” funded by taxes on the rich and businesses is an issue. The rest that is not “largely” funded by these taxes will be funded by things like the passing of comprehensive immigration reform and slashing thing like the Pentagon budget. If these very unlikely things do not happen immediately after she is elected, then where does that money come from?
Elizabeth Warren’s healthcare plan literally relies on Immigration Reform passing.
— Bakari Sellers (@Bakari_Sellers) November 1, 2019
Ppl are acting like this is a realistic approach to anything. pic.twitter.com/gWIX5shPn5
It is not just Republicans and fiscal conservatives who take issue with this “plan” to pay for free healthcare for all. Her opponent Joe Biden’s campaign said after evaluating the plan, “’For months, Elizabeth Warren has refused to say if her health care plan would raise taxes on the middle class, and now we know why: because it does. Senator Warren would place a new tax of nearly $9 trillion that will fall on American workers.”
Fact:
— Charlie Kirk (@charliekirk11) October 31, 2019
Elizabeth Warren could raise the top two income tax rates to 100%
It still wouldn’t be enough to raise the 30 TRILLION dollars over 10 years required to fund her healthcare plan
She would HAVE to raise taxes on the middle class
Why won’t she admit that?
🤔