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'Medicare-for-all' will raise taxes, force hospital layoffs: Chris Jacobs - AmaNews Info
Sen. Bernie Sanders, I-Vt., center, accompanied by Sen. Kirsten Gillibrand, D-N.Y., center right, speaks at a news conference on Capitol Hill in Washington, Wednesday, Sept. 13, 2017, to unveil their Medicare for All legislation to reform health care. (AP Photo/Andrew Harnik) Some Democratic 2020 hopefuls point to their support of Medicare-for-all to prove their progressive bona fides. But other Democrats have stated the plan is not politically or economically feasible because of the large tax increases required, preferring instead to stabilize the Affordable Care Act. CLICK HERE TO GET THE FOX NEWS APP Jacobs said that as it is, 80 percent of hospitals lose money on their Medicare patients, a loss that is likely to intensify under a Medicare-for-all plan.*****************************************************Recommended For …