This is crazy, but the 2020
presidential election is in exactly 365 days. -(cheering and applause)
-Yeah, that’s right. At this time next year, you will be watching TV
and saying, “Oh, shit,
I was supposed to vote today.” But we still don’t know who Trump’s opponent will be
on election night. So let’s catch up
on all of his rivals in the Democratic primary race with our ongoing segment
World War D. -♪ ♪
-(cheering and applause) Over the past few weeks, the Democratic herd
has thinned considerably. You know, due to low polling, uh, due to fundraising problems, and partly because of that lion that keeps picking off
the trailing candidates. They need to do something
about that. But this weekend
came the biggest name to drop out so far. Beto O’Rourke,
former Texas congressman and inflatable man
outside a car dealership. And if you missed
his dropout speech, it was very moving. He was like,
“It is with a very heavy heart that I announce my campaign
is (bleep) finished, bro.” But on the opposite end of the
spectrum is Elizabeth Warren, who has been surging
in the polls. She’s right behind Biden
nationally, she’s leading in Iowa and she’s polling at 100%
among registered cardigans. But the one big criticism
of Warren is that she hasn’t explained
how she would pay for her Medicare for All
health care plan without taxing the middle class
specifically. So this weekend,
she showed us the money. REPORTER: Elizabeth Warren
is today putting a price tag on Medicare for All, $20.5 trillion in new spending
over ten years, paid for by taxing billionaires
and big business. I have a plan that shows
how we can have Medicare for All without raising taxes one cent on middle-class families. Warren would eliminate all private
employer-based insurance. How would she pay for it? Employers would pay
the government almost $9 trillion
over ten years, similar to what they now spend
on employees’ health care. She would boost
her billionaires’ wealth tax, impose a new tax
on stock trades, higher taxes on investment
gains for the top one percent and cut military spending. Yes, to pay for her plan, Warren plans to raise taxes
on the ultra wealthy and cut military spending, which, if you think about it, actually doubles
the health care benefits. because all Americans
would get health care and people in Afghanistan
won’t get droned. Be like,
“Oh, I feel so much healthier “now that I haven’t
been blown up! Yay!” And if you’re a billionaire, you’re probably not happy
at the prospect of having to pay more taxes,
you know? In fact, what Warren should do
is try and sweeten the deal and let the super rich
get naming rights over the health care
that they helped pay for. Yeah. So then, instead of getting
a heart transplant at the hospital,
someone will get “Jeff Bezos presents a heart
for Bob Sullivan.” So that’s Warren’s plan
to pay for Medicare for All. But her Democratic opponents
responded the way Sean Spicer does
to a beat– they were hearing none of it. REPORTER:
Elizabeth Warren under attack, defending her plan
for Medicare for All. Mayor Pete Buttigieg
is questioning Warren’s math. Well, the math
is certainly controversial. Bernie Sanders also weighing in, telling ABC News, “I think the approach
that I have, in fact,
will be much more progressive.” REPORTER: Former
Vice President Joe Biden calls Warren’s plan unrealistic. I promise you,
you couldn’t even get it passed. Oh. How ’bout some personal
space, Joe? (chuckles) Even when Joe Biden
isn’t giving you a massage, he looks like his eyes
are giving you a massage. But, yes,
Warren’s Democratic rivals all have different issues
with her plan. Biden says it goes too far. Bernie says
it doesn’t go far enough. And Tom Steyer was like,
“Oh, thank God! Someone asked me a question?”
(laughs) Now, unless you’re an economist, it might be hard to know
whether Warren’s plan is achievable or not.
But what’s easier to understand is the effect it would have
on the insurance industry. It’s estimated
that 385,000 people could lose their jobs
under her plan. Right? But don’t worry. Warren says
they’ll land on their feet. Some of the people currently
working in health insurance will work in other parts
of insurance– in life insurance,
in auto insurance, in car insurance. Some will work for Medicaid. Damn,
Warren doesn’t mess around. She’s just gonna move people
around to another job? No, I mean, I don’t– I don’t
think it’s gonna be that easy. So, someone who works
in health insurance now is just, the next day,
gonna be dealing with cars? That’s gonna get confusing.
Just like, “Hi, I’m calling to let you know you’re fully covered
for your recent prostate exam.” “You mean my oil change?”
“Hey, it’s your body. “Whatever you want to call it. That’s your decision.” Now, I-I feel bad for anyone
in private insurance who’s scared
of losing their job. But, on the other hand,
screw private insurance! -(cheering and applause)
-I’m sorry, insurance companies
are assholes, man. Not the people who work for them
but the companies. They ask you what’s wrong with
you so they can charge you more. Then they won’t even cover
your appendix surgery. And then you’re like,
“Uh, why did I even get my appendix enlarged
in the first place, you know?” I mean, it makes me feel more
confident, but was it worth it? I don’t know. And, you know what,
I’ll be honest with you. What I really found interesting
over the past few days is that Elizabeth Warren’s
health care plan has been dissected
from every angle. “It won’t cost $20 trillion. It could get closer
to $30 trillion.” “The IRS enforcement
can’t get that much money.” “She’s gonna ration
your health care.” Everyone is dissecting
the thing, which is good. But what’s funny
is that Trump ran for president and he got into office and his health care plan
was a lot less specific. We have to come up–
and we can come up– with many different plans.
In fact, plans that you don’t even know
about will be devised. I am going
to take care of everybody. You will have the best health
care you’ve ever, ever had. We’re gonna bring down
the price of health care. We’re gonna bring it down
big league, big, big league. It’s a complicated process,
but, actually, it’s very simple. It’s called good health care. -(laughter)
-Yep. You can’t argue
with those numbers.