A hot button topic every election cycle is healthcare, and both Vice President Kamala Harris and former president Donald Trump have different visions of what it will look like under their administration.
On the latest episode of Capitol Gains, former governor of Vermont Howard Dean joins Yahoo Finance’s Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman to discuss healthcare in the United States, and the potential issues the next president will face as the new leader of the nation.
Governor Dean chalks it up to two main issues: Congress and healthcare’s impact on the economy. Dean says he does not think Congress will “touch healthcare in a serious way."
Regarding economic impact Dean explains, “Healthcare is 20% of the economy of the largest economy in the world… Now that 20% of our economy is tied up in healthcare, every possible interest group works against the other interest group to make sure they can preserve their share.”
Though the election will not be determined solely by Vice President Harris’s or former President Donald Trump’s policies on healthcare, there are still ways to address it that appeals more to voters. “You can be sympathetic to people struggling with healthcare costs because it’s really killing a lot of families, “Dean says. “I think the Democrats really have the advantage in general on healthcare.”
To learn more, listen to Governor Dean’s thoughts in the full episode of Capitol Gains here.
For more expert insight and the latest market action, click here to watch more Capitol Gains.
This post was written by Lauren Pokedoff.