13357190, RE: 4% for how long tho? There's a bunch of independent studies now Posted by reaction, Mon Nov-25-19 10:01 AM
I'm not an expert by any means on this funding but I think the big thing you are missing is what is referred to as maintenance of effort funding which already exists and brings the needed NEW revenue way down. From this great article https://www.peoplespolicyproject.org/2019/10/30/how-to-approach-medicare-for-all-financing/ "The first thing you do is bring in existing spending on Federal Health Programs and State Health Programs, the latter through a maintenance of effort requirement. That gets you $1.761 trillion.
Then you can assume that Other Private ($0.308 trillion) remains the same, getting you to $2.069 trillion."
Now the problem with a public option is obvious and Rep Jayapal lays it out well here https://twitter.com/RepJayapal/status/1197702718967746565 I don't know what is going on behind the scenes which has her speaking the truth here but then also constantly defending Warren's public option but the facts remain the same