Joe Biden Health Care Plan Cost
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Biden would pay for the plan by rolling back tax breaks for real estate.
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Joe biden health care plan cost. Excluding the effects of lowering the medicare age vice president biden has said his health care plan would cost 750 billion and that his revenue offsets would raise over 13 trillion. A lot of the funding would go toward cutting medicaid waitlists for people needing home and community care and to. At a ten year cost his. Bidens campaign estimates the plan which also includes elder care proposals will cost 775 billion over 10 years.
Joe biden is proposing massive new subsidies to make health coverage through obamacares exchanges cheaper as well as a new public option that would allow people to buy into a program his. 27 the campaign has not clarified what is counted as its health plan or what budget window its estimates cover. Expanding obamacare biden describes his health reform plan as building on the affordable care act and if taxpayer spending is a guide bidens plan would do just that. The biden plan has several additional proposals aimed directly at cutting the cost of health care and making the health care system less complex to navigate.
As president biden will. The biden plan would cost 750 billion over 10 years and be financed by increasing taxes on the wealthy meaning it would likely require congressional approval. As with many of his policies joe bidens health care plan seeks to find a spot comfortably in between the status quo and the more radical solutions offered by his former democratic rivals.
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