CNBC's Robert Frank reports on Sen. Elizabeth Warren's tax plans.
Presidential candidate and U.S. Senator Elizabeth Warren speaks at a campaign rally at Keene State College in Keene, New Hampshire, September 25, 2019.Sen. Elizabeth Warren pledged Friday not to raise middle class taxes to fund her "Medicare for All" plan, responding to pressure she has faced as she has emerged as one of the frontrunners for the 2020 Democratic presidential nomination.
As she saw her support swell in both national and early state polls in recent weeks, the 2020 presidential candidate faced more pressure about how she would fund a single-payer, government run health care system. While she had not yet answered specifically whether her plan would hike taxes on middle class Americans, she has repeatedly argued it would cut costs by reducing spending on health care.
"I will not sign a bill into law that does not lower costs for middle class families," she said at the October Democratic debate. Sen. Bernie Sanders, a Vermont independent and the leading proponent of Medicare for All in the Democratic primary race,
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