There are smart ways and dumb ways to do this: the dumb wayis to raise rates in a broken, grossly complex tax system, choking off growth without bringing in the revenues we need to meet our debts.
Another problem is the way private insurers try to risk-select, in umpteen subtle ways, even when thereisa risk-adjustment system to make that less inviting.
Now, whether we do it exactly the way European countries do or Canada does isa different question, because there are a variety of ways to get to universal health care coverage.