![UPDATE 3- Democrat Warren: Medicare for All would not raise U.S. middle-class taxes]( "UPDATE 3- Democrat Warren: Medicare for All would not raise U.S. middle-class taxes")
NEW YORK/WASHINGTON, Nov 1 (Reuters) – Democratic U.S. presidential candidate Elizabeth Warren proposed on Friday a $20.5 trillion Medicare for All plan that she said would not require raising middle-class taxes “one penny,” answering critics who had attacked her for failing to explain how she would pay for the sweeping healthcare overhaul. The long-awaited plan would save American households $11 trillion in out-of-pocket healthcare spending over the next decade, Warren said, while imposing significant new taxes on corporations and the wealthy to help finance the new system. Warren’s plan also calls for cuts in defense spending and passing immigration reform that would increase tax revenue from newly legal Americans, two steps that would face an uphill battle in Congress.
Source: yahoo.com/news
