Talk about sticker shock for MN
As Bernie Sanders unveils his latest radical and expensive plan for government-run health care, Dean Phillips has been startlingly silent on this important issue.
With Democrat House Leader Nancy Pelosi refusing to endorse Sanders’ plan, Democrats like Phillips are left with two (dismal) choices: either defend the failing status quo that is Obamacare or support potentially trillions in new spending with no credible plan to pay for it.
Remember, the last time Bernie introduced this it came with a hefty price tag of $32 trillion in new government spending over ten years. And that time, he didn’t have a realistic plan to pay for it either.
The Urban Institute’s Health Policy Center Estimated Sanders’ Medicare For All, Single-Payer Plan Would Cost $32 Trillion Over Ten Years. “In total, federal spending would increase by about $2.5 trillion (257.6 percent) in 2017. Federal expenditures would increase by about $32.0 trillion (232.7 percent) between 2017 and 2026..[.]” (John Holahan, et al., “The Sanders Single-Payer HealthCare Plan,” The Urban Institute , 5/16)