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Ocasio-Cortez defends $40 trillion price tag for progressive proposals

Progressive Democrat Alexandria Ocasio-Cortez on Sunday defended what could accrue to a $40 trillion price t...

Posted: Sep 17, 2018 5:34 AM
Updated: Sep 17, 2018 5:34 AM

Progressive Democrat Alexandria Ocasio-Cortez on Sunday defended what could accrue to a $40 trillion price tag for progressive policy programs, including Medicare for all, over the next 10 years, citing the success in some European countries that have similarly developed health care models.

CNN "State of the Union" anchor Jake Tapper asked where that estimated $40 trillion -- which would include the costs for Medicare for all, jobs guarantees, student loan forgiveness, free college programs, paid family leave, and Social Security expansion -- would come from. Medicare for all would be the costliest initiative, coming in at about $32 trillion, according to the Mercatus Center, a free market-oriented think tank at George Mason University, as well as an earlier study by the Urban Institute's Health Policy Center.

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Ocasio-Cortez, who is running for a congressional seat in New York, referred to the publicly funded health care systems in Western Europe and Canada, calling such programs "generational investments" toward the future of a country.

"Medicare for all would save the American people a very large amount of money," she said. "What we see as well is that these systems are not just pie in the sky. Many of them are accomplished by every modern, civilized democracy in the Western world," she said. "The United Kingdom has a form of single-payer health care -- Canada, France, Germany. What we need to realize that these investments are better and they are good for our future."

But asked again where that $40 trillion would come from, aside from her proposed increase in taxes on the wealthy and corporate taxes, which she has said would raise $2 trillion over the next 10 years, Ocasio-Cortez said the taxpayer-funded programs would free people up to increase economic activity in other areas, adding that the Medicare for all program is part of "a broader agenda."

"We do know and acknowledge that there are political realities," she added. "They don't always happen with the wave of a wand, but we can work to make these things happen."

She added that "when you look at the economic activity that it spurs, for example, if you look at my generation, millennials, the amount of economic activity that we do not engage, the fact that we delay purchasing homes, that we don't participate in the economy and purchasing cars, et cetera, as fully as possible, is a cost.

Mississippi Coronavirus Cases

Data is updated nightly.

Cases: 479326

Reported Deaths: 9353
CountyCasesDeaths
Harrison32779484
Hinds30924582
DeSoto30319353
Jackson23542341
Rankin21235366
Lee14803219
Madison14120271
Jones13327223
Forrest13078236
Lauderdale11501303
Lowndes10377176
Lamar10163130
Pearl River9008217
Lafayette8193137
Hancock7404111
Oktibbeha6909122
Washington6900150
Monroe6459159
Neshoba6441201
Warren6387163
Pontotoc623093
Panola6203125
Bolivar6072144
Marshall6068121
Union571386
Pike5574135
Alcorn533289
Lincoln5283131
George466072
Scott454796
Leflore4444140
Prentiss443377
Tippah442180
Itawamba441599
Adams4376116
Tate4327101
Simpson4313112
Wayne430766
Copiah429587
Yazoo419686
Covington413292
Sunflower4123104
Marion4073104
Leake395486
Coahoma391098
Newton367274
Grenada3543104
Stone350359
Tishomingo333288
Attala324286
Jasper313162
Winston303091
Clay294173
Chickasaw286265
Clarke279890
Calhoun263940
Holmes261387
Smith248048
Yalobusha219647
Tallahatchie217550
Walthall209958
Greene206845
Lawrence205732
Perry198553
Amite197651
Webster195042
Noxubee177739
Montgomery171654
Jefferson Davis167442
Carroll161437
Tunica150834
Benton141533
Kemper138039
Claiborne126134
Choctaw126026
Humphreys125937
Franklin116328
Quitman103426
Wilkinson101536
Jefferson87333
Sharkey62320
Issaquena1926
Unassigned00

Alabama Coronavirus Cases

Cases: 778549

Reported Deaths: 13665
CountyCasesDeaths
Jefferson1105871747
Mobile704651206
Madison49152610
Baldwin35946479
Shelby35796302
Tuscaloosa33410532
Montgomery32906672
Lee22231216
Calhoun20791397
Morgan19605326
Etowah18837449
Marshall17465272
Houston16452368
St. Clair15233293
Limestone14376182
Cullman14348246
Elmore14241256
Lauderdale13298278
Talladega12699230
DeKalb12036233
Walker10430323
Autauga9568133
Blount9555152
Jackson9235146
Coffee8728169
Colbert8426179
Dale8410170
Escambia6526114
Tallapoosa6501172
Covington6396163
Chilton6293141
Russell598555
Franklin5719100
Chambers5315133
Marion4734115
Dallas4665182
Clarke457076
Pike456294
Geneva4315116
Winston417192
Lawrence4086108
Bibb401680
Barbour341968
Marengo323183
Butler314988
Monroe314652
Pickens300470
Randolph299955
Henry298356
Hale289383
Cherokee284652
Fayette275672
Washington244848
Crenshaw235168
Clay225163
Macon217657
Cleburne217149
Lamar192140
Conecuh179646
Lowndes170158
Coosa166432
Wilcox155736
Bullock147742
Perry136036
Sumter124136
Greene120142
Choctaw72826
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Fall has started off exactly as you would have anticipated and it looks like we should have a number of dry days still ahead, but this isn’t a permanent switch, because heat is pegged to return.
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