On Monday, House Speaker Paul Ryan declared that the Democrats’ embrace of single-payer health care—often called Medicare for All—shows that the party has “gone off the rails.”
While liberals will surely dismiss the speaker’s comments, the leading proposals do suffer from a potentially fatal Achilles’ heel: They would create the largest government debt burden in world history. Specifically, Sen. Bernie Sanders’ Medicare for All Act, as written, would add $32 trillion in debt over the decade, and as much as $170 trillion over 30 years.
Read Brian Riedl's full op-ed in The Daily Beast here.
Brian Riedl is a senior fellow at the Manhattan Institute and a member of E21. Follow him on twitter here.
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