Warren Would Fund Medicare for All By Taxing Companies, Rich (2)

Democratic presidential hopeful Senator Elizabeth Warren rolled out a wide-ranging menu Nov. 1 to fund her multi-trillion-dollar Medicare for All plan, a defining moment that fleshes out her vision to remake one-fifth of the U.S. economy.

The plan would redirect most employer-based health care spending to the government so it can put all Americans into Medicare, while slapping a wave of taxes on large corporations and the wealthy, cracking down on tax evasion, reducing defense spending, and putting newly legalized immigrants on the tax rolls.

Her advisers also lowered the estimate of Medicare for All’s price-tag to $20.5 trillion over ...