Warren details Medicare for All payment plan with no new taxes for middle class

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Warren details Medicare for All payment plan with no new taxes for middle class

FILE PHOTO: Democratic 2020 U.S. presidential candidate Warren speaks at a campaign town hall meeting in Durham

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WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren said on Friday the Medicare for All system she backs would cost the U.S. government an extra $20.5 trillion over 10 years but would not "require raising taxes one penny" on the middle class.

Instead, she said, it would save American households $11 trillion in current out-of-pocket spending.

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"Health care is a human right, and we need a system that reflects our values," the Democratic presidential candidate wrote in a 20-page essay outlining her plan that will be published on the website Medium. "That system is Medicare for All."

(Reporting by Amanda Becker and Joseph Ax; Editing by Mark Heinrich)

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