The Economics of Universal Healthcare

March 13, 2015

By Capital Tonight Staff Tuesday, March 10, 2015 at 08:47 PM EDT

Healthcare spending makes up a significant portion of the state budget, and costs have been going up and up for years. Assemblyman Richard Gottfried is the sponsor of a bill to create a single-payer system in New York. And Tuesday, University of Massachusetts at Amherst economics professor Gerald Friedman released an economic analysis of the proposal. He predicts the state would save $45 billion a year by making the switch. Professor Friedman and Assemblyman Gottfried joined us to explain


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