Study Says Funding Medicare-for-All With Taxes on Rich Is ‘Impossible’

Sen. Bernie Sanders (I-Vt.) in Bethlehem, Pa., on April 15, 2019 and Sen. Elizabeth Warren (D-Mass.) in Dubuque, Iowa, on March 1, 2019. Mark Makela/Getty Images; Scott Olson/Getty Images

A new study from a bipartisan budget watchdog said Monday that it’s “impossible” to fund “Medicare-for-all” with taxes on the rich. The plan is popular among several Democratic candidates for president.

The Committee for a Responsible Federal Budget (CRFB) said that there is simply “not enough annual income available among higher earners to finance the full cost of ‘Medicare-for-All.”