$52 trillion dollars. That’s the price-tag for Elizabeth Warren’s plan to bring single-payer, government-run health care to America. And, believe it or not, that number may actually be a conservative estimate for what Medicare-for-all would cost.
Analysts across the political spectrum have panned her plan to pay for all of this. And it’s no surprise, given the details.
For example, she wants the IRS to do better at collecting tax revenue … 65 times better than even the best independent estimates suggest they can do. And even though she’s said the middle class won’t pay more under her plan, she’s calling for $9 trillion in tax hikes on payrolls—an increase that’s sure to affect job prospects and wages for the middle-income Americans.
It’s hard to believe that Elizabeth Warren’s plan stands any chance of being passed into law. But voters are the ones who ultimately have to guarantee that her ridiculous plan gets left on the ash heap of history.