Heads up here at the top, this podcast contains like a couple swear words.

So, Jordan, a week ago, you wrote that Medicare for All is becoming a political quagmire for Elizabeth Warren.

Yeah.

Explain.

Well, like the first rule of Medicare for all is don't talk about how you're going to pay for Medicare for all.

Right.

Jordan Weissman is our resident economic wonk here at Slate.

And he came into the studio because Elizabeth Warren, she had been trying

to follow this rule. But then last week, she broke it. I never thought I would be describing

a policy paper as hotly anticipated, but here we are in 2019 learning new things every day.

Leading in Iowa, Elizabeth Warren is today putting a price tag on Medicare for all.

$20.5 trillion in new spending over 10 years.

And a new tweet confirming, my plan won't raise taxes one penny on middle class families.

We have this exorbitantly expensive health care system in the United States.

We spend more of our GDP on health than any other country in the world, figuring out how to take that money and then create a national health care system that actually ensures everyone is a very difficult task because somehow you have to take all this private spending and turn it into tax revenue.

Warren's new plan, it dwarfs the proposal spelled out by Bernie Sanders.

And he's the guy who popularized Medicare for all in the first place.

You know, he will get up on a debate stage and he'll say your taxes are going to go up, but your health costs

are going to go down because it's going to be no co-pays, no deductibles, no premiums, all that's going to be taken care of. That's his answer. Your taxes go up, but your costs go down and you're going to save money. That was enough to kind of get them honesty points. So the fact that he would admit,

yeah,

taxes will go up,

guys.

...