CA Senate passes single payer, still has no plan how to get $400 Billion a year for it

Hotair ^ | 06/03/2017 | Ed Morrissey

[vette6387]

I think if they actually implement this pipe dream, it may well be the straw that broke the DemoRATs backs here. From what I have read,it would take a 15% income surtax to finance this boondoggle. And you can be sure the shrinking middle class would be picking up the lion’s share of the costs because they’re the only one’s working here. Jerry Brown is trying to “shoot the moon” for his “legacy” as his “sullied political career” draws to an end.

[2001convSVT]

The only way to pay for it is to confiscated all the money from every single Californian. The problem comes in the second year when everyone with any money left leaves.

[super7man]

Lighty said the program would likely use the same rates as Medicare, which is less than what commercial insurers pay but more than Medi-Cal.

Government price controls ALWAYS ALWAYS result in shortages. ALWAYS.

[MeneMeneTekelUpharsin]

Let's see. $400,000,000,000 / 40,000,000 = $10,000 per head per year

They are going to get the 200,000,000,000 the Federal Government gives them via Medicare, I believe. So half of that, $5,000 per head per year? Still completely unaffordable.

[MeneMeneTekelUpharsin]

So a family of four will need to cough up $40,000 in taxes per year to pay for this.

No, ONLY $20,000 per year. Be kind.

[pepsionice]

Actually, if you go and toss out approximately 50-percent of medical procedures, limit people on replacement knees/hips to only those with the right health/weight, and toss on a massive cigarette/alcohol tax....you could probably fund this (the cost would decrease from the $400 billion). Course, go explain to folks that a single pack of smokes would now cost $12 (up from roughly $6) and see how aggravated they will get.

[taxesareforever]

California believes money grows on trees and it’s just there for the picking.

[taxesareforever]

California believes money grows on trees and it’s just there for the picking.

[Empireoftheatom48]

Hey, Bezos, Musk, and other California Gazillionares will pay for it. Right?

[prophetic]

Always remember, politicians see the people as a near infinite taxable resource to fund their little kingdoms & fancy projects.

[AnotherUnixGeek]

I keep waiting for the final straw that will chase me out of California, the state I grew up in, went to college in, got married in and had children in. If this single-payer plan ever gets anywhere near being ratified into law, that will probably be it.

[Trod Upon]

It’s a small price to pay for FREE(!) health coverage.

[GOP Poet]

bookmark

[cynwoody]

Hey, Bezos, Musk, and other California Gazillionares will pay for it. Right?

What if they move to Floriduh?

When David Tepper moved from New Jersey to Florida, New Jersey shuddered.

[Bobalu]

Hmmmm, I won’t need health insurance...just a ticket to California ;-)

[trebb]

Yep the idiots pass a Bill that almost quadruples their annual budget (which does not cover a lot of other unfunded “rights”) and ignores that they can’t pay for what they already promise....

[MrBambaLaMamba]

Solution: Request hospitals, doctors, pharmacies, drug manufacturers, etc to make up the difference through pro bono.

[mistfree]

So, 40 mil citizens in CA but, how many actually PAY taxes? And of those how many actually pay any real amount of taxes? (graduated income tax doncha know). Now we divide those high paying taxpayers by 400 or 200 Billion and see how much more they will be paying. I’m betting it’s a lot more than $10,000/yr. But maybe it will be much less expensive when the payer denies all the claims. Can you say out of pocket?

[JesusIsLord]

"After the Democrat Congress passes the bill, we'll then learn what's in the bill" - Pelosi.

"After the (CA) Assembly passes the bill, we'll figure out how to fund the bill" - CA Democrat Assembly.

I'm seeing a trend here. There must be something in the water used by CA Democrats.

[OldNukeDaddy]

South Park