O'DONNELL: Mayor Bloomberg, I'll let you respond to that. Do you think Senator Sanders' economy would be better for America than President Trump's? - Bernie Sanders

Now, trust me. I know the 30-second ads coming from the insurance and drug companies will tell you that if Medicare for All becomes law, your taxes will go up. And they are correct. But what they won’t tell you is that under Medicare for All, you will no longer be paying premiums, deductibles and co-payments to private health insurance companies. And what they certainly will not tell you is that Medicare for All will save the average family thousands of dollars a year. In fact, a study by RAND found that moving to a Medicare-for-all system in New York would save a family with an income of less than $185,000 about $3,000 a year, on average.

But what happens if Democrats go forward in a different direction? What happens if they spend week after week, month after month “negotiating” with Republicans who have little intention of addressing the serious crises facing the working families of this country? What happens if, after the passage of the vitally important American Rescue Plan – the Covid-19 rescue package signed into law by President Biden in March –the momentum stops and we accomplish little or nothing? Without strong and ongoing accomplishments that improve the lives of working families, there is a strong possibility that Republicans will win the House or the Senate or both bodies next year. The American people want action, not never-ending “negotiations” and obstructionism, and they will not come out and vote for a party that does not deliver. And if the Republicans do regain control of Congress, we can be sure that the economy will move steadily forward toward a system in which the rich get richer thanks to increased corporate domination. We can be sure that the climate crisis will intensify, diminishing the likelihood of our children and grandchildren living in a healthy and habitable environment. We can be sure that our government will drift away from democracy, as voter suppression, dark money and conspiracy theories continue to dominate our political system.

Americans must not be naive about China’s repression, disregard for human rights, and global ambitions. I strongly believe that the American people have an interest in strengthening global norms that respect the rights and dignity of all people—in the United States, in China, and around the world. I fear, however, that the growing bipartisan push for a confrontation with China will set back those goals and risks empowering authoritarian, ultranationalistic forces in both countries. It will also deflect attention from the shared common interests the two countries have in combating truly existential threats such as climate change, pandemics, and the destruction that a nuclear war would bring. Developing a mutually beneficial relationship with China will not be easy. But we can do better than a new Cold War.