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Sen. Warren Releases Details on Her Medicare for All Plan

HeadlineNov 04, 2019

Democratic presidential candidate Elizabeth Warren released details of her Medicare for All plan on Friday. The plan says she would raise investment gains taxes on the top 1% of American households in order to help pay for the program, which calls for $20.5 trillion in federal spending over a decade. She would also levy a 6% annual tax on net worth above $1 billion and collect about $9 trillion from employers. In response, presidential candidate Senator Bernie Sanders called his plan to fund Medicare for All more progressive and said he worried that Warren’s plan could have a negative impact on job creation.

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