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EXCLUSIVE: Democratic presidential candidate Elizabeth Warren’s long-awaited “Medicare-for-all” funding plan projects the government-run health care system would cost a staggering sum of “just under $52 trillion” over the next decade, with the campaign proposing a host of new tax increases to pay for it while still claiming the middle class would not face any additional burden.
“We don’t need to raise taxes on the middle class by one penny to finance Medicare-for-All,” Sen. Warren, D-Mass., said in her plan — a copy of which was obtained by Fox News.
The article goes on to state the following:
Some of Warren’s rivals for the nomination are unlikely to buy that claim, after having repeatedly challenged her assertions that the middle class would not be hit by tax hikes and suggesting she has not been upfront with voters.
Fox News reported that Warren is still insisting that her plan can be covered “by a combination of existing federal and state spending on Medicare and Medicaid, as well as roughly $20 trillion in taxes on employers, financial transactions, the ultra-wealthy, large corporations and more.”
Warren declares in her proposal that she will pay for the radical proposal by hitting the “ultra rich” with more taxes. CLICK HERE to read more from this exclusive report by Fox News.
FOX NEWS EXCLUSIVE: Elizabeth Warren’s ‘Medicare for all’ plan will cost $52T.https://t.co/mercLR1ZUl
— Fox & Friends First (@FoxFriendsFirst) November 1, 2019
When we look back on the 2020 race for the Democratic race, mark this down as a key moment: Warren’s $52T ‘Medicare-for-all’ plan revealed: Campaign still claims no middle-class tax hikes neededhttps://t.co/M3Ana41LPm
— Joe Concha (@JoeConchaTV) November 1, 2019
#NEW: @ewarren #MedicareForAll plan,obtained exclusively by FOX,would cost “just under $52 trillion” over the next 10 yrs & proposes ~$20T in tax hikes to pay for it,while still claiming the middle class wouldn’t see any additional tax burden@JuddBerger https://t.co/yshGWoyWpc
— Brooke Singman (@brookefoxnews) November 1, 2019
Warren’s government takeover of health care costs $20 Trillion MORE than Crazy Bernie’s
And she still claims the Middle Class won’t pay
She’s got a (central) plan for that, and it’s detached from reality https://t.co/AAM4ZOapfn
— Elizabeth Harrington (@LizRNC) November 1, 2019
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