HEALTHCARE/JOE BIDEN/OBAMACARE (ACA): “We’re going to ease the burden of the major cost in your life. Healthcare. We’ll build on the Affordable Care Act through a new health insurance option, a not-for-profit public option which will give private insurers a real competitor.
We’ll increase subsidies for your premiums so they’re lower. So you can afford the plans with lower deductions and lower out-of-pocket expenses. That plan alone will cost over $700 billion over 10 years, but it’s paid for by eliminating those tax cuts. For a 40 year old making $50,000 a year, your monthly premium will go down by a third.”
-Joe Biden, “Joe Biden Speech LIVE from Grand Rapids, Michigan | Joe Biden For President 2020,” YouTube.com, Oct. 2, 2020