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Undecided 44%
Elizabeth Warren20%
Joe Biden15%
Bernie Sanders9%
Pete Buttigieg5%

Thu Oct 31, 2019, 09:00 AM

 

Bernie's senate office releases Financing Proposal for Medicare for All

Full Text: https://www.sanders.senate.gov/download/medicare-for-all-2019-financing?id=860FD1B9-3E8A-4ADD-8C1F-0DEDC8D45BC1&download=1&inline=file

Summary:

Those options include, but are not limited to:

Creating a 4 percent income-based premium paid by employees, exempting the first $29,000 in income fora family of four;

Imposing a 7.5 percent income-based premium paid by employers, exempting the first $2 million in payroll to protect small businesses;

Eliminating health tax expenditures;

Making the federal income tax more progressive, including a marginal tax rate of up to 70 percent on those making above $10 million, taxing earned and unearned income at the same rates, and limiting tax deductions for filers in the top tax bracket;

Making the estate tax more progressive, including a 77 percent top rate on an inheritance above $1 billion;

Establishing a taxon extreme wealth;

Closing the “Gingrich-Edwards Loophole”;

Imposing a fee on large financial institutions; and

Repealing corporate accounting gimmicks.


Bring on the hate train.
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

19 replies, 492 views

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Reply Bernie's senate office releases Financing Proposal for Medicare for All (Original post)
HerbChestnut Oct 31 OP
TidalWave46 Oct 31 #1
TidalWave46 Oct 31 #2
still_one Oct 31 #4
HerbChestnut Oct 31 #5
TidalWave46 Oct 31 #6
HerbChestnut Oct 31 #7
TidalWave46 Oct 31 #8
HerbChestnut Oct 31 #9
TidalWave46 Oct 31 #10
HerbChestnut Oct 31 #11
TidalWave46 Oct 31 #12
HerbChestnut Oct 31 #13
TidalWave46 Oct 31 #14
George II Oct 31 #3
redqueen Oct 31 #15
HerbChestnut Oct 31 #16
redqueen Oct 31 #17
Joe941 Oct 31 #18
Donkees Nov 1 #19

Response to HerbChestnut (Original post)


Response to HerbChestnut (Original post)

Thu Oct 31, 2019, 09:10 AM

2. Some people see hate where when responsible people are just looking for details.

 

This is a fling things at the wall document. Filled with stump speech rhetoric and small on details.

It leaves the question to be asked, how would it be paid for? That is not answered here.

Why is the legislation he put forward so incomplete? Campaign gimmick?

This isn't about hate or whatever you determine the opposite of hate to be.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to TidalWave46 (Reply #2)

Thu Oct 31, 2019, 09:37 AM

4. True, but it does speak to where he sees the money coming from. Whether that will be sufficient

 

is a much more complicated question
If I were to vote in a presidential
primary today, I would vote for:
Undecided

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Response to still_one (Reply #4)

Thu Oct 31, 2019, 09:42 AM

5. Right, and financing plans are always hypothetical.

 

There are a lot of details that get ironed out during negotiations in Congress. The idea here is to provide broad strokes so people have an idea of the options available.
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

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Response to still_one (Reply #4)

Thu Oct 31, 2019, 10:09 AM

6. It shows multiple different directions he sees money coming from without commitment to any.

 

To be clear, I don't necessarily think that it has to be outlined right now. The legislation Sanders put forward isn't even close to complete and he should pull it. It's part of his campaign platform, not legislation.

I simply think it's dishonest to portray it as though Sanders actually has outlined a way to pay for it. He hasn't.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to TidalWave46 (Reply #6)

Thu Oct 31, 2019, 10:15 AM

7. Full Text of the Medicare for All bill

 

https://www.congress.gov/bill/116th-congress/senate-bill/1129/text
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

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Response to HerbChestnut (Reply #7)

Thu Oct 31, 2019, 10:16 AM

8. I've read every single page. That makes one of us.

 

Not sure what the point of posting it as a reply is. It's a platform position. A damn good one at that.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to TidalWave46 (Reply #8)

Thu Oct 31, 2019, 10:25 AM

9. It's for other people reading this thread so they have a fair chance to understand the issue.

 

For what it's worth, I don't agree with your assessment that the legislation is only a "platform position". Judging by your previous post history regarding Bernie-related topics, I suspect nothing he does could ever meet your "standards".
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

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Response to HerbChestnut (Reply #9)

Thu Oct 31, 2019, 10:33 AM

10. I often praise Sanders. Multiple times this week alone.

 

"Judging by your previous post history regarding Bernie-related topics, I suspect nothing he does could ever meet your "standards"."

That is little more than deflection. An extremely weak one at that.

I have even stated that this is an excellent platform position Sanders has. Noting is good enough for the "pure."

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to TidalWave46 (Reply #10)

Thu Oct 31, 2019, 10:34 AM

11. Sure thing.

 

If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

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Response to HerbChestnut (Reply #11)

Thu Oct 31, 2019, 10:37 AM

12. Sanders is one of the furthest things from a "sure thing" that you will find. NT

 

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to TidalWave46 (Reply #12)

Thu Oct 31, 2019, 10:40 AM

13. "Bring on the hate train."

 

If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

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Response to HerbChestnut (Reply #13)

Thu Oct 31, 2019, 10:43 AM

14. Yes, that is a quote of yours.

 

Some see hate around every corner.
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to HerbChestnut (Original post)

Thu Oct 31, 2019, 09:28 AM

3. That's not a financing plan, nowhere does it speak of cold hard dollars, just vague numbers...

 

THIS excerpt is interesting, and again vaguely discusses something that I've been talking about for three or four years:

Today, the traditional Medicare program only spends 2 percent of its costs on administration.
That’s less than one-sixth the administrative costs of private health insurance companies.


That may be true, in part, but it doesn't take into account the fact that the SSA doesn't administer Medicare alone. The government has subcontracted a large part of the costs of administration to THE PRIVATE HEALTH INSURANCE COMPANIES! This keeps the government portion of the traditional Medicare program down and contributes to higher cost of administrative costs of private health insurance companies.

It also doesn't address what happens to the many people who are currently working in the private health insurance industry in each and every state, Puerto Rico, Guam, and other territories. Where do they find work?

Let's see real numbers of every aspect of "Medicare for All", not just a 5-page vague overview. Nowhere in those five pages is the total cost and total revenue and overall ramifications of the proposal.

By the way, your final comment ("Bring on the hate train" ) is offensive, just what is the "hate train"?

I suggest you delete it.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to HerbChestnut (Original post)

Thu Oct 31, 2019, 11:50 AM

15. Not sure why people are asking for low level details

 

since it'll be tweaked heavily if not changed substantially in Congress.
If I were to vote in a presidential
primary today, I would vote for:
Andrew Yang

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Response to redqueen (Reply #15)

Thu Oct 31, 2019, 11:57 AM

16. Yep.

 

Politics sucks sometimes, doesn't it?
If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

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Response to HerbChestnut (Reply #16)

Thu Oct 31, 2019, 12:29 PM

17. Makes it easy to understand why so many just disconnect entirely. nt

 

If I were to vote in a presidential
primary today, I would vote for:
Andrew Yang

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Response to HerbChestnut (Original post)

Thu Oct 31, 2019, 01:38 PM

18. A great plan by Bernie.

 

If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

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Response to HerbChestnut (Original post)

Fri Nov 1, 2019, 05:14 AM

19. That white paper was released in April when the bill was updated.

 

If I were to vote in a presidential
primary today, I would vote for:
Bernie Sanders

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