Published: Mon, November 04, 2019
Health Care | By Cedric Leonard

SNL skewers Elizabeth Warren's Medicare For All plan

SNL skewers Elizabeth Warren's Medicare For All plan

The skit ends with Warren leaving a female audience member in tears as she compares her old health insurance plan to a bad boyfriend.

"The function of healthcare is to provide healthcare to all people, not to make $100 billion in profits for the insurance companies and the drug companies", said the Vermont senator.

Many are afraid that under Warren's plan, USA taxpayers would be forced to pay more in taxes, while some politicians openly claim that her proposals are impossible. Warren's communications team said she was talking only about a provision of the plan that raises her proposed wealth tax for billionaires, but the Biden campaign pounced anyway.

The employers would be required to pay the government an amount similar to what they spend on their employees' health care, totaling $8.8 trillion over a decade. We do disagree on how you fund it.

Sanders told ABC News his Medicare for All approach "will be much more progressive in terms of protecting the financial well-being of middle income families". The plan includes almost $20 trillion in new taxes, but Warren is still claiming no tax increases for the middle-class will be necessary, in contrast to fellow 2020 contender Sen.

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Asked about Sanders' criticism of her plan, Warren said Sunday that "Bernie may have a different vision of how to pay for it, but let's be really clear: Bernie and I are headed in exactly the same direction".

At one point, she whipped out a poster featuring a dizzying collage of charts, graphs and numbers, ostensibly illustrating the cost breakdown. She has said the answer is to simply move people around. She explained that Warren was essentially telling middle-class voters that she was going to give them "the biggest tax cut" by offering them free health care. "I could explain it to you, but you'd die", she said. "This issue is not going to happen, and it is not the way you argue healthcare", he said. For these little tiny businesses that right now can't afford to offer medical care for their employees, and that means they're at a competitive disadvantage. "They're afraid they won't be able to afford it on their own".

In the interview, Sanders acknowledged that, even if we adopted all his now proposed options to pay for Medicare-for-all, they would only cover half the amount needed.

According to new data from the Treasury Department released Friday, the national debt surpassed $23 trillion for the first time in American history. Then, about 5% of the funds would come from cutting defense spending and achieving immigration reform - two revenue streams that would be contingent upon those proposals making their way through Congress. Immigration reform, in particular, has faced years of back-and-forth on Capitol Hill without much movement. "It seems she may have opened up a can of worms for herself". Besides, the method of taxing investment gains would be changed for the top 1 percent of households, raising $2 trillion.

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