How Abdul El-Sayed would build Medicare for All, from a wealth tax to a Fed-style governing board

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Abdul El-Sayed, the senator-elect from Michigan, proposes universal health coverage financed through public funding and a progressive wealth tax. His plan would combine federal spending on Medicare, Medicaid and private insurance subsidies while adding a wealth tax, a new corporate tax code and higher taxes on investment income. The system would cover physician visits, prescription drugs and emergency services, potentially extending to long-term care, vision and dental care, while eliminating out-of-network charges. Its implementation remains politically uncertain: an October 2024 poll found that 43% of Americans support the policy, 24% oppose it and 32% are unsure, while a 2018 analysis estimated that Bernie Sanders’ proposal would add $32.6 trillion in federal spending over 10 years.

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Telemac
Telemachttp://cryptoinfo.ch
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