2020 Democrat Candidate Elizabeth Warren Unveils Her $52 Trillion ‘Medicare for All Plan’ and Makes the Unbelievable Claim that Taxes Won’t Be Raised on the Middle Class
Democrat 2020 candidate, Senator Elizabeth Warren, unveiled her plan to fund Medicare for All, that would cost $52 TRILLION, requiring $20.5 trillion in new spending over the next decade. She proclaimed that her plan would not require a middle class tax hike, proposing to pay for the multitrillion-dollar program by increasing her “Ultra-Millionaire Tax,” slashing defense spending, providing a pathway to citizenship for illegal immigrants, and mandating an “Employer Medicare Contribution” that forces companies to send the money that they use for employee insurance to the federal government instead. Employees usually pay a portion of their health insurance premiums, but under Warren’s plan, employers will be saddled with the tax, resulting in job and wage losses. The Committee for a Responsible Federal Budget reported that the wealth tax won’t even come close to covering Warren’s plan, and will only meet about 40% of the cost of Medicare for All.
Cornell law professor, William Jacobson, says that the funding for Warren’s Medicare for All is unrealistic and will force 140 million Americans to give up their private health insurance.
Warren admits that as many as 2 million jobs will disappear, including administrators, insurers, and other positions in doctors’ offices.
During the last Democratic presidential debate, Sen. Warren, D-Ma., promised voters that costs will only go up for the wealthy.
“We don’t need to raise taxes on the middle class by one penny to finance Medicare-for-all,” Sen. Warren, D-Mass., said in her plan — a copy of which was obtained by Fox News in advance of its release Friday.
The Warren campaign’s detailed proposal insists that the costs can be covered by a combination of existing federal and state spending on Medicare and other health care — as well as myriad taxes on employers, financial transactions, the ultra-wealthy and large corporations and some savings elsewhere. Those measures are meant to pay for a projected $20.5 trillion in new federal spending. Notably, they include what is essentially a payroll tax increase on employers, something economists generally say can hit workers in the form of reduced wages.
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Warren calls for bringing in nearly $9 trillion in new Medicare taxes on employers over the next 10 years, arguing this would essentially replace what they’re already paying for employee health insurance. Further, Warren’s campaign says if they are at risk of falling short of the revenue target, they could impose a “Supplemental Employer Medicare Contribution” for big companies with “extremely high executive compensation and stock buyback rates.”
Appearing on “Fox & Friends: Weekend” with host Ed Henry, Denson said that the reality of the situation is “people lie,” but that “numbers don’t.”
Black Lives Matter activist, James Edward Marshall, allegedly shot a disabled veteran in the head during an armed protest roadblock/ anti-police riot in 2020. Marshall agreed to a sweetheart plea deal with a corrupt Soros-linked District Attorney. Marshall has has been released from prison after serving only 3 years.
Two NYC owners of a pawn shop were arrested by the FBI in connection with a Chilean gang that allegedly robbed wealthy athletes and celebrities. NYC is the largest sanctuary city with 400,000 illegal aliens residing there. The Venezuelan Tren de Aragua gang is involved in underground gun dealing and other crimes.
Travis County District Attorney José Garza, backed by George Soros, blew the deadline to convene grand juries to indict suspected killers Juan Antonio Ramirez and Stephon Morson, who were released after posting very low bail.
DOGE reported that $4.7 trillion in payments made by the US Treasury omitted an accounting tracking code, the Treasury Access Symbol (TAS), that identifies specific budget items. Use of the TAS was optional. The payments are “almost impossible” to trace.
Soros has funded district attorneys (DA) candidates in Democrat counties where Republicans cannot get elected. Crime is exploding because Soros DAs refuse to prosecute. State legislatures can fix the problem, but the lawmakers fear the DAs will indict them. Non-prosecution invites cartels to commit crimes in the US.
The state will spend $9.5 billion on healthcare costs for illegal aliens in the current year as the state struggles to to recover from devastating wildfires that were exacerbated by state and local spending cuts. Damage estimates from the fires are as high as $150 billion.
Sir Evelyn de Rothschild, the former advisor to Queen Elizabeth from the influential banking family, has been accused of abusing sexual abuse and assault. Evelyn left his position in 2004, after a 44-year career in banking, following an investigation of a complaint in 2003.
Netanyahu is planning to attack Iran at its Fordow enrichment plant in the first half of 2025, and intends to drag the United States into a new war. The Trump administration has lifted restrictions on sending bunker busters to Israel and moved to provide Israel with another $8.4 billion in military aid.
Vance called out Europe for cracking down on free speech and thought crimes. He condemned the annulment of elections if voters go against the agenda, following the recent annulment of Romania’s election. He said that the most pressing matter is mass migration and that one in five people living in Germany is a migrant.
President Donald Trump signed an executive order prohibiting federal funds from going to K-12 schools and universities that require COVID-19 ‘vaccinations’. No states currently require COVID-19 injections for students at K-12 public schools. Only 15 private colleges still require COVID-19 vaccination shots.
RFK Jr said, “When my uncle was president, 3% of Americans were obese. Today, 74% of Americans are obese or overweight. Epidemics are not caused by genes. Something is poisoning the American people, and we know that the primary culprit’s our changing food supply.”
Janeen Deal reported that her daughter has been barred by Cincinnati Children’s Hospital from a spot on a heart transplant list because she’s not been vaccinated against COVID-19 and the flu. The hospital declined to make an exemption even when told it goes against the family’s religious beliefs
Lee Zeldin, the new head of the EPA, investigated the claims made by the EPA advisor and found that $20 billion in taxpayer funds was awarded to just eight entities that were then responsible for doling out the money to NGOs that included the Climate United Fund that received just under $7 billion.
Bondi took aim at New York’s so-called ‘Green Light Law’ that permits undocumented immigrants to get drivers licenses while blocking federal immigration agents from accessing the data. Hochul said that New York’s current laws allow federal immigration officials to access DMV records with a warrant.
“The train that’s being built between Los Angeles and San Francisco is the worst-managed project I think I’ve ever seen, and I’ve seen some of the worst,” Trump told reporters, asserting that the project is “billions and billions” of dollars over budget.
Florida Surgeon General Dr. Joseph A. Ladapo issued a statement urging elected officials to remove fluoride from their water. Robert F. Kennedy Jr, Secretary of Health and Human Services, has proposed removing fluoride from public water supplies. Trump said that “sounds okay” to him.
FEMA sent $59 million just last week to luxury hotels in New York City to house illegal aliens. According to Musk, sending this money to these high-end hotels violated the law as it directly interfered with President Trump’s executive order.
Governor Newsom blamed climate change for the fires and called for changing zoning and land use. California already has some of the most restrictive land use and zoning regulations in the nation. He said that California will be a model for the rest of the country.
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As a result of ‘chain migration’, 9.3 million people were allowed to become legal US citizens between 2005 – 2016, for the sole reason that they had a relative who already was an immigrant. The total number of foreign nationals legally entering the US over the-year period was more than 13 million people. Chain migration the largest driver of immigration to the US, accounts for more than 70% of it.
A photo of migrant children being detained by immigration enforcement, locked in a chain link cell, went viral as left-wing celebrities media personalities, and politicians took to Twitter to rage against Trump. They deleted their tweets when they were confronted with the fact that the photo was taken in 2014, when Obama was president.
Democratic Congressman, Keith Ellison, who serves as the deputy chair of the Democratic National Committee, endorsed a book that promotes Antifa, saying that it would “strike fear in the heart” of President Trump. Author Mark Bray’s Antifa: The Anti-Fascist Handbook is full of passages that call for violence against political opponents. The FBI, the Department of Homeland Security, and millions of Americans consider Antifa a domestic terrorist organization.
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2020 Democrat Candidate Elizabeth Warren Unveils Her $52 Trillion ‘Medicare for All Plan’ and Makes the Unbelievable Claim that Taxes Won’t Be Raised on the Middle Class | WeAreChangeTV.US
5 years ago
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