Quote:
Originally Posted by MK Ultra
Something that's always puzzled me and the UHC/single-payer proponents never seem to explain, how is it going to be paid for?
US Federal Budget for 2016 shows $2.99 Trillion in revenue
Rate Limited
The total healthcare spending in the US (2015) $3.2 Trillion
https://www.cms.gov/research-statist...act-sheet.html
You are talking about more than doubling the federal budget, more than doubling everybody's taxes.
Bernie wanted to tax wealth at 90% to pay for it but that would only trigger a wealth exodus from the US.
So what am I missing? |
You're missing the part that a good chunk of that $3.2T is already being paid by you (premiums, deductibles, co-pays) or your employer (premiums, etc.). Thus, in an ideal world, while your taxes would go up so would your income, since you and your company are no longer paying those fees. Getting the currently uninsured treated at lower cost facilities (doctors office, urgent care) versus a high cost ER or disability would also be economically beneficial.