Bernie Sanders Outlines Funding for His Plans, but It May Not All Add Up

[George II]

After months of resistance to discussing how he would pay for his plans like “Medicare for all” and canceling student debt, Mr. Sanders announced the explanation at a CNN event on Monday.

By Maggie Astor Feb. 24, 2020

Senator Bernie Sanders of Vermont, under growing pressure to explain how he would pay for his very expensive policy agenda, released a checklist on Monday evening that he described as a full explanation of how he would finance all of his proposals.

The actual document is somewhat limited, and in some cases the revenue Mr. Sanders identifies doesn’t match the costs of his plans.

For example, he estimated Sunday night on “60 Minutes” that the price tag for his “Medicare for all” plan would be about $30 trillion over 10 years, but the revenue he identifies for it in the new outline totals about $17.5 trillion. If Mr. Sanders has plans to fill that gap, he did not mention them in his outline or in his interview on Sunday. The Urban Institute has estimated that Medicare for all would cost the federal government $34 trillion over 10 years after accounting for existing spending.

But his decision to release the outline at all is significant given his months of resistance to discussing precisely how he would pay for his plans. That has been a major source of criticism, especially in the past few weeks, as he has cemented himself as the front-runner for the Democratic nomination.

MUCH more:

https://www.nytimes.com/2020/02/24/us/politics/bernie-sanders-medicare-for-all.html?referringSource=articleShare

[still_one]

1. Bernie math

[George II]

3. Kind of like when Buttigieg got 13 delegates and he got 12 in Iowa, but he claims he "won".

[still_one]

6. +++

[Cha]

2. KR

[Sloumeau]

4. George II, thanks for posting this. :) nt

[HarlanPepper]

7. A lot of people do, though.

So there’s that.

[HarlanPepper]

10. Oh, I'm sure you would.

[NYMinute]

9. It adds up only with Bernie math