Medicare for All Would Cut Poverty by Over 20 Percent

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"What this means is that, by eliminating medical out-of-pocket expenses, Medicare for All would reduce headcount poverty by 19 percent, reduce the overall poverty gap by 22 percent, and increase poor people’s incomes by 29 percent. Indeed, M4A’s elimination of MOOP expenses would contribute more to the incomes of the poor than the Earned Income Tax Credit currently does. This makes M4A one of the most potent anti-poverty programs proposed thus far in the current presidential race."