TLDR; $400 billion total, $200 billion is currently spent on subsidies and medi-cal, $150 billion is already spent by employers. The state would need to "find" ~$50 billion or ~$1,300 per resident more to fully fund this. Personally, this seems like a relative bargain and some modest extra taxes should offset the difference. Article reads pretty poorly and sensationalist. Not to mention that the missing amount is les…
Yeah, the headline is sensationalist. With the current spending factored in, it's really not that bad. A big enough tax on fast food could probably cover it, with the added bonus of decreasing the amount needed. If that doesn't work, then there are a lot of programs they can cut that are less important than healthcare.
Probably not; it would take a huge chunk of US fast food revenue, and probably more than California's.
https://www.franchisehelp.com/industry-reports/fast-food-ind...
> If that doesn't work, then there are a lot of programs they can cut that are less important than healthcare.
The amount that would need to be cut is pretty much all the non-healthcare spending in the state budget (including the spending that directly produces revenue, yet it requires that the revenue come in anyway.)