Sen. Sanders preps a plan to 'end all medical debt' in US
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- BERNIE SANDERS WANTS WALL STREET TO PAY FOR AMERICA'S STUDENT LOAN DEBT
- SANDERS PROMISES TO PLUG MEDICARE'S COVERAGE HOLES FOR OLDER AMERICANSIt is unclear how Sanders plans to pay for the proposal. A spokesperson for Sanders’ campaign did not immediately return FOX Business’ request for comment.He has said that taxes on the middle-class will rise in order to fund the plan, but has added that overall health care costs will be lower. The senator has estimated taxes could increase by $10,000 for American families.Sanders has also proposed canceling $1.6 trillion worth of student loan debt, which he plans to pay for by introducing a financial transaction tax on Wall Street. The “Inclusive Prosperity Act” calls for a tax of 0.5 percent for stock trades, 0.1 percent for bonds and 0.005 percent for derivatives. A $1,000 stock trade would be taxed $5, while a $1,000 trade in derivatives would be taxed $0.05.
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