Teh One Who Knocks
09-17-2018, 10:51 AM
By Andrew Kugle - Washington Free Beacon
https://www.youtube.com/watch?v=FIZ2ZC38Lwk
Alexandria Ocasio-Cortez was unable to answer on Sunday on how she will pay for her progressive agenda in which some think tanks have estimated would come at a cost of $40 trillion.
"Various new programs including Medicare for all, housing is a federal right, federal jobs guaranteed, tuition free public college, canceling all student loan debt. According to nonpartisan and left leaning, tax policy center, the overall price tag is more than $40 trillion in the next decade," CNN "State of the Union" host Jake Tapper said. "You recently said in an interview increasing taxes on the very wealthy, increased corporate tax rate would make $2 trillion over the next ten years. Where is the other $38 trillion going to come from?"
Ocasio-Cortez responded by stating Medicare for all would end up saving the country money.
"One of the things we need to realize when we look at something like Medicare for all, Medicare for all would save the American people. A very large amount of money," the democratic socialist said. "The United Kingdom has a form of single payer health care, Canada, France, Germany. We need to realize that these investments are better and they are good for our future."
"These are generational investments so that they are not but they are really profound decisions about who we want to be as a nation and how we want to act as the wealthiest nation in the history of the world," Ocasio-Cortez added.
"But the price tag for everything that you laid out in your campaign is $40 trillion over the next ten years. I understand that Medicare for all would cost more to some wealthier people and to the government and to taxpayers, while also reducing individual health care expenditures," Tapper said. "Forty trillion is quite a bit of money. And the tacks that you talked about raising to pay for this, to pay for your agenda, only count for two. We're going by left-leaning analysts."
Ocasio-Cortez didn't address Tapper's question about the concern and instead told a personal anecdote when she talked to a group of citizens that none had health insurance due to it being too expensive. She continued on how millennials are unable to buy homes and cars comes at a cost to the overall economy.
"I guess I won't get an answer for the other $38 trillion. We'll have you back and go over that," Tapper concluded.
https://www.youtube.com/watch?v=FIZ2ZC38Lwk
Alexandria Ocasio-Cortez was unable to answer on Sunday on how she will pay for her progressive agenda in which some think tanks have estimated would come at a cost of $40 trillion.
"Various new programs including Medicare for all, housing is a federal right, federal jobs guaranteed, tuition free public college, canceling all student loan debt. According to nonpartisan and left leaning, tax policy center, the overall price tag is more than $40 trillion in the next decade," CNN "State of the Union" host Jake Tapper said. "You recently said in an interview increasing taxes on the very wealthy, increased corporate tax rate would make $2 trillion over the next ten years. Where is the other $38 trillion going to come from?"
Ocasio-Cortez responded by stating Medicare for all would end up saving the country money.
"One of the things we need to realize when we look at something like Medicare for all, Medicare for all would save the American people. A very large amount of money," the democratic socialist said. "The United Kingdom has a form of single payer health care, Canada, France, Germany. We need to realize that these investments are better and they are good for our future."
"These are generational investments so that they are not but they are really profound decisions about who we want to be as a nation and how we want to act as the wealthiest nation in the history of the world," Ocasio-Cortez added.
"But the price tag for everything that you laid out in your campaign is $40 trillion over the next ten years. I understand that Medicare for all would cost more to some wealthier people and to the government and to taxpayers, while also reducing individual health care expenditures," Tapper said. "Forty trillion is quite a bit of money. And the tacks that you talked about raising to pay for this, to pay for your agenda, only count for two. We're going by left-leaning analysts."
Ocasio-Cortez didn't address Tapper's question about the concern and instead told a personal anecdote when she talked to a group of citizens that none had health insurance due to it being too expensive. She continued on how millennials are unable to buy homes and cars comes at a cost to the overall economy.
"I guess I won't get an answer for the other $38 trillion. We'll have you back and go over that," Tapper concluded.