Normally I wouldn’t bother replying to gross misstatements, but I have to say Carol Mathia should look into taking a course on reading comprehension. I never stated a cost for Medicare in 2018. I said, “Medicare for all is estimated to cost $3.26 trillion per year.”
However, you even got the cost for 2018 wrong. In Fiscal Year 2018 (last year, by the way), the Office of the Actuary has estimated that gross current law spending on Medicare benefits will total $704.6 billion. Currently, 44 million beneficiaries, some 15 percent of the U.S. population, are enrolled in the Medicare program.
Only 1 in 10 beneficiaries relies solely on the Medicare program for health-care coverage. So the socialist plan to ban private insurance and put the entire population on Medicare for all would expand current beneficiaries to 325 million. Do some math; I bet you can’t.
Carol Mathia is also wrong (are we seeing a trend here?) about job growth. The small decrease in the unemployment rate at the end of eight years of the Obama Disaster was because so many had stopped looking for work and were not being counted in the reporting.
Carol, you’re entitled to your own opinion, but you’re not entitled to your own facts.