Trump is right: There's no possible way we can afford 'Medicare for all'....(Single Payer)

White House/WashingtonExamine ^ | 10/1029018 | Sally Pipes

[caww]

He's absolutely right. Voters would do well to heed his warning......According to him, if Democrats succeed in implementing their single-payer proposal, "costs will spiral out of control. Taxes will skyrocket. And Democrats will seek to slash budgets for seniors' Medicare, Social Security and Defense." (to pay for it)

A government takeover of the health system would be a fiscal nightmare. .."Medicare for all" would cost the federal government an additional $32.6 trillion in spending over its first 10 years, according to a recent analysis by Charles Blahous at the Mercatus Center. Even if the government doubled the amount of federal income and corporate tax it takes in every year, it still wouldn't be able to foot the bill.

"Medicare for all" would result in massive tax hikes and a wave of hospital and clinic closings. And with the increased burden on taxpayers will come lengthy waits times, rationed care, and doctor shortages. As President Trump is arguing, voters simply can't afford to take the plunge.

Lately championed by Sen. Bernie Sanders, I-Vt., the ill-conceived socialist dream of "Medicare for all" is gaining steam. Sixteen Democratic senators have co-sponsored the legislation. And a whopping 123 House Democrats, representing more than 60 percent of the minority party, support a related bill. Moreover, many candidates running for office have embraced the idea.

[gattaca]

H.R. 676 (Medicare For All)... “It shall be unlawful for a private health insurer to sell health insurance coverage that duplicates the benefits provided under this Act.”

Making private insurance illegal.