49 Trillion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

How do you justify that, sir? >> two things, first of all, the current system costs 49 trillion dollars. so you have to look at it in comparison. what medicare for all will do will reduce a lot of the pharmaceutical costs, a lot of the hospital costs, a lot of the insurance costs. second, if you read actually the bill, it allows for supplemental insuran insurance. medicare for all -- maria: i did read the bill. it makes the private insurance industry unlawful. it's unlawful to have private insurance. >> no -- it is like britain's bill. you can have supplemental insurance after medicare. that i...

From this not the broad goals of some green initiatives but these specific initiatives. what does that tell you? >> good to be with you. that's right. this is an aspiration more than a strategy. put it in the bigger context. in the next ten years by 2029 the debt will be double from where it is today. bigger than our economy. another 49 trillion in terms of fully funding medicare and medicare. a trillion here and there starts to add up. >> neil: it does. neither party has addressed those over the decades spending issues. but i'm wondering here, where does this go? we just had all these drug ce...

8000, you heard that right, times more than the wall. here with the numbers, susan leeds. it is unbelievable first for going billions to truly spread this look at this how does it compare? >> where technet $49 trillion in the first 10 years of the program, right? don't forget the ice economy only $20 trillion. we already owe $21 trillion. there is no money at this point and we are looking at the annual budget, it is only $4 trillion a year. >> when you go deeper as he did, and i just reset that sorry. the renewable energy part? >> mid did a story to get to 100 percent renewable. you basically ...

Solid. we spend more per capita -- >> we spend twice as much. not more. twice as much. >> your bill would basically -- it gradually phases in over time. >> four years. >> it would change the system to make it better. one of the things that i have seen in both of the health care fights i've cover closely, is that as much as people agree, man the system is screwy, i don't like it, they are personally scared of change. they think to themselves i don't trust that you guys aren't going to screw this up. how do you get over that hump? >> the system is already screwed up. it is screwed up when thousa...

>> your bill would basically -- it gradually phases in over time. >> four years. >> it would change the system to make it better. one of the things that i have seen in both of the health care fights i've cover closely, is that as much as people agree, man the system is screwy, i don't like it, they are personally scared of change. they think to themselves i don't trust that you guys aren't going to screw this up. how do you get over that hump? >> the system is already screwed up. it is screwed up when thousands of people die each year because they can't get to the doctor when they need to get ...