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From the cfrb link the cost of Medicare for All would be $2.5T to $3.5T per year. So the entire defense budget would not cover it.
by jimbokun 4mo ago
From the cfrb link the cost of Medicare for All would be $2.5T to $3.5T per year.
So the entire defense budget would not cover it.
- toomuchtodo 4mo ago> The US spent $2 Trillion dollars on Medicare and Medicaid in 2024 [1][2]. If the US spent this money as efficiently as Japan (or UK [3], ...) it could pay for Healthcare for every single resident with this $2 Trillion dollars. Existing Medicare spending and entire defense budget would cover it. Or reduce debt interest payments and keep defense spending. https://news.ycombinator.com/item?id=48666290 https://news.ycombinator.com/item?id=48666290 (citations)