Originally posted by Uncle Ted
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The total cost expenditures for healthcare is about 3.6 Trillion dollars, or the fifth largest economy in the world. In 2014, Medicaid expenditures were 489 Billion, and Medicare expenditures were over 600 Billion. The remainder of the US spent about 2.4 Trillion Dollars. If you want to fund all care through government expenditures, you must cancel all other government services or raise all taxes by about 40%. Are we really willing to do that?
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