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Estimates from outside the Warren camp have put the cost of her proposed Medicare-for-All plan at as high as $34 trillion over 10 years, but Senator Elizabeth Warren, D-Mass., herself has finally released details on how the plan would be paid for, and she puts the cost at $20.5 trillion.

CNN reports that the Warren estimate comes through the assistance of “prominent economists and health policy experts” who “reached that figure in large part by requiring state and local government to continue paying the $6 trillion they now spend on Medicaid, the Children’s Health Insurance Program, and public employee premiums.” The projection also assumes lower administrative costs, lower drug prices, and a resulting lower economy-wide total for healthcare spending.

Critics of Medicare-for-All in general—including some Democrats, like former vice president Joe Biden—have been saying that the proposed program, whether from Warren or from Senator Bernie Sanders, I-Vt., is too costly and can’t succeed. And Warren was coming in for criticism for not having released a plan to pay for her Medicare-for-All proposal.


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