Depends how much current spending (aggregate demand) is *displaced* by transition to M4A, relative to what people would do with the additional income no longer going to pay premiums, co-pays, deductibles, etc.
Medicare for All doesn't need a tax hike to pay for it. In fact, that would be a terrible idea for the economy:https://twitter.com/StephanieKelton/status/956560811807428609 …
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I'm just picturing Ted Cruz saying that paying the government a smaller premium instead of paying a premium to your private provider is a tax.
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