Yeah, Biden's "where will the money come from" talking point is ridiculous.
This one:
Where do the other 8 months come from? Yes your paycheck. But currently 3.5 trillion dollars are being taken from everybody's paychecks to pay for current healthcare plans. Even if we take Biden's claim that M4A will cost 35 trillion over 10 years at face value (and note 35T represents the upper bounds of the projections we've gotten so far; even Charles Blahous, writing on behalf of the Koch-funded Mercatus Center is projecting 27-32T over ten years), then we're looking at a situation in which if everybody who is paying into health insurance plans now pays the exact same amount in taxes, then M4A is fully funded. In that case (and again, this is really a worst-case scenario: upper-bound cost projection i.e. no savings from better negotiating drug prices, no savings from dramatically expanding the risk pool, no savings from reducing administrative costs) we're
still effectively getting a win-win situation: everybody pays exactly what they were before, but now everyone inside of 4 years gets dental, vision, OB/GYN, pediatrician, and mental healthcare coverage and nobody has to: haggle with insurance reps, stress about copays and deductibles, or make complicated at-the-margin calculations about coverage minutiae that are all going to get fobbed off the instant you get sick anyway. In other words, Biden's hemming and hawing amount to precisely what Bernie (and Warren, albeit more evasively) have been saying all along: the rich will pay more in taxes than they were previously paying in premiums, and everybody else will see a price cut on their premiums, an expansion of covered services, and the only difference is the check will be made payable to the US National Health Service instead of to Aetna or whatever.