Well, Secretary Clinton, you're not in the White House yet. And let us be clear that every proposal that I have introduced has been paid for. For exa… - Bernie Sanders

My friends, the Republican Party did not win the midterm election in November: We lost that election. We lost because voter turnout was abysmally, embarrassingly low, and millions of working people, young people and people of color gave up on politics as usual and they stayed home. That’s a fact. In my view, Democrats will not retain the White House, will not regain the Senate or the U.S. House, will not be successful in dozens of governor races across the country, unless we generate excitement and momentum and produce a huge voter turnout. With all due respect – and I do not mean to insult anyone here – that turnout, that enthusiasm, will not happen with politics as usual. The people of our country understand that given the collapse of the American middle class, and given the grotesque level of income and wealth inequality we are experiencing, we do not need more establishment politics or establishment economics.

According to Berkeley economist Gabriel Zucman, individuals in the US are avoiding $36 billion through offshore tax schemes and US corporations are avoiding more than $130 billion through these schemes. The situation has become so absurd that one five-story office building in the Caymans is now the "home" of nearly 20,000 corporations – and that is just one of many tax havens operating across the globe. The essence of oligarchy is that the billionaire class is never satisfied with what they have. They want more, more and more – no matter what impact their efforts have on working people, the elderly, children, the sick and the poor. Greed is their religion. While the oligarchs are avoiding their taxes, Trump and his Republican colleagues, ostensibly in order to save federal dollars, have been trying to throw tens of millions of Americans off of their health insurance, and make massive cuts in education, nutrition assistance and affordable housing.

The Medicare for All Act of 2022 which I have just introduced with 15 co-sponsors would provide comprehensive health care coverage to every man, woman and child in our country – without out-of-pocket expenses and with full freedom of choice regarding health care providers. No more insurance premiums, deductibles or co-payments. And comprehensive means the coverage of dental care, vision, hearing aids, prescription drugs and home and community based care. The transition to the Medicare-for-all program would take place over four years. In the first year, benefits to older people would be expanded to include dental care, vision coverage and hearing aids, and the eligibility age for Medicare would be lowered to 55. All children under the age of 18 would also be covered. In the second year, the eligibility age would be lowered to 45 and in the third year to 35. By the fourth year, every man, woman and child in the country would be covered by Medicare for All. Would a Medicare-for-all health care system be expensive? Yes. But, while providing comprehensive health care for all, it would be significantly LESS costly than our current dysfunctional system because it would eliminate an enormous amount of the bureaucracy, profiteering, administrative costs and misplaced priorities inherent in our current for-profit system. Under Medicare for All there would no longer be armies of people billing us, telling us what is covered and what is not covered and hounding us to pay our hospital bills. This not only saves substantial sums of money but will make life a lot easier for the American people who no longer have to fight their way through the nightmare of insurance company bureaucracy. In fact, the Congressional Budget Office estimated that Medicare for All would save Americans $650 billion a year.