December 7 2020 Modern Money Theory: Week5 Back

Medicare-for-All: How Ya Gonna Pay for It?

        "The federal government will pay for Medicare-for-All in exactly
        the same way it pays for anything else.  It will make electronic
        payments into the bank accounts of health care providers.
        It will never face any financial constraint upon its ability to
        make these payments.  As with any other form of federal government
        spending, it will only be constrained by the ability of the U.S.
        economy to produce the goods and services needed to meet the
        demand for health care."


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