Bernie Sanders: "Medicaid for all would bankrupt the nation" -- in 1987


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Sen. Bernie Sanders (I-Vt.) introduced new legislation yesterday to expand Medicare to everyone in the United States. The bill, which came with 15 Democratic co-sponsors, envisions universal coverage, paid for by tax increases, that would be far more generous than what is offered by any other first-world government-run health care system offers.

Notably absent from Sanders’ proposed single-payer system was a detailed plan to pay for it. The senator said he would lay out the tax hikes necessary to fund his new system in separate legislation…

Back in 1987, a much younger Bernie Sanders apparently had that sense too. He warned that expanding Medicaid, the jointly run federal-state health care program for the poor and disabled, to everyone in the country would “bankrupt the nation.”