Question

The National Coalition on Healthcare Reform reports that nearly 18% of the U.S. population under the age of 65 is without healthcare. If this advocacy group succeeds in convincing the current administration and Congress to vote for basic healthcare for everyone, which of the following is likely to occur?
A. More rapid economic growth.
B. Higher taxes than in past years.
C. Increasing reliance on markets to determine economic outcomes.
D. An increase in the number of insurance companies.

Answer 1

Answer:

B. Higher taxes than in past years.

Explanation:

According to my research on the National Coalition on Healthcare Reform, It can be said that if Congress were to vote for basic healthcare for everyone it would more likely cause higher taxes than in the past years. This is because in order to pay for healthcare for everyone the Government needs to gather that money from somewhere, and since taxes pay for healthcare for certain people this vote would cause taxes to increase to make up for the higher government cost.

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