On Friday, former Vice President and 2020 Democratic presidential frontrunner Joe Biden held an outdoor town hall in Cedar Rapids, Iowa. During the event, Biden spoke about health care.
After claiming that the notion of Medicare-for-All, which has been proposed by presidential candidates Sen. Bernie Sanders (I-VT) and Sen. Elizabeth Warren (D-MA), is “a great idea,” the former vice president noted that the estimated annual cost would be “twice the national budget,” adding that such a cost would require the raising of taxes, and could be especially harmful during a recession.
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