The price tag on universal health care is in, and its bigger than Californias budget

[stuffmatters]

5. Controlling /negotiating drug & medical costs should way lower that 200 billion gap.

We're a huge state & a huge market...we have clout with insurance & drug companies. 6th biggest economy in the world, hard to believe insurance companies would exit.

Also how about taxing all these mega corps so proud of their headquarters in Ca but they don't pay Ca tax..starting with the tax cheat behemoths in Silicon Valley... think of their shiny new hq montrosities that don't even pay a city tax.
Funding from establishing a CA State Bank could also stream substantial and stable revenue, even be a strong act of economic healthcare for our citizens.

Our local newscaster tonight almost defiantly announced the 400 billion figure. I suspect this is a premature figure that has not factored in the many ways that single payer can control both medical and drug costs. I thought that
was an inevitable benefit for single payer.

I'd be interested in hearing what insurance expert Wendell Potter and economists like (our own) Ellen Brown, Jared Bernstein and Dean Baker have to say.

Somehow this 200 billion gap just doesn't make sense if the State controls the cost machinery rather than vice versa.