Robert Shapiro Calculates the Difficulty of Financing “Medicare for All” Programs

Robert Shapiro analyzes the costs involved in financing Senator Bernie Sanders’ “Medicare for All” program, which was endorsed by Elizabeth Warren, as well as a more modest version which limits governmental benefits to those currently provided by private insurance policies. In this Economic Policy Vignette, Shapiro finds that implementing either the more expansive or more modest “Medicare for All” proposals would require massive corporate and federal income taxes increases to finance.