On Thursday, top Democratic candidates officially took the stage, prepared to fight for the Presidential Democratic nomination. The front-runner, former Vice President Joe Biden sparred with candidates Sen. Bernie Sanders, Businessman Andrew Yang, Mayor Pete Buttigieg, Sen. Kamala Harris, and others.
Sen. Sanders Announces Tax Increases On All Americans
Moderators asked a direct question to Sen. Bernie Sanders, “Will you increase taxes on the middle class.” Sanders attempted to dodge the question but ultimately admitted that his tax plan to adopt “Medicare For All” will result in a middle-class tax increase. (Not much has changed.)
Independent auditors such as the Committee for a Responsible Federal Budget have examined Sen. Sanders’ “Medicare For All” plan and estimated that it would cost a whopping $28 trillion and would be funded until 2026.
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Biden, Buttigieg, Sanders Promise Free Community College
Buttigieg was first asked why he does not support fulling funding a college education for students and said that he supports free community college. Biden also agreed that community colleges should be free. The question that was not asked is how much it would cost.
The American Enterprise Institute ran numbers and determined that it would cost $60 Billion dollars to start the free community college program. However, AEI has also stated that the total cost cannot be determined and is expected to be higher.
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Adverse court rulings slow, and may stop, House Democrats’ march to the majority
Trump wraps widely-watched trip to China, departing on Air Force One after high-stakes Xi meeting
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The free college program was adopted in New York by Gov. Andrew Cuomo. Since its start, nearly 70% of all students who applied for the program were rejected. A total of 95,000 students applied for the scholarship and between 22,000 and 23,000 ended receiving it.
Sen Sanders recently introduced a bill called, “College for All Act.” The plan is estimated to cost taxpayers $75 billion-per-year. The plan does not mention whether it covers other costs such as books, but rather only examines tuition and required fees for students. The cost of textbooks has risen approximately 812% since 1989, according to the American Enterprise Institute.
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Murkowski vs Trump: Senator sides with Democrats on Iran after series of breaks with president
Bishop Barron slams ‘borderline communists’ Sanders, Mamdani ahead of Trump prayer event: ‘Economy that kills’
Trump DHS Announces 12 Straight Months of Zero Border Releases as Crossings Hit Historic Lows
Coast Guard releases new photos of sailboat seized in missing American’s Bahamas disappearance case
Auburn grad who just landed dream job allegedly shot and killed by boyfriend’s father in Alabama
Hero Principal Gives Credit Where It’s Due: ‘I Think God’s Hand Was on All of Us’
Airlines Seek Federal Bailouts Following Spirit Airlines Shutdown as Fuel Prices Rise
Key China-Iran infrastructure exposes critical hole in Trump’s war strategy
Xi gifts Trump Chinese rose seeds, on top of new ammo for White House ballroom
Are Marco Rubio’s 2028 presidential prospects on the rise?
Adverse court rulings slow, and may stop, House Democrats’ march to the majority
Trump wraps widely-watched trip to China, departing on Air Force One after high-stakes Xi meeting
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Andrew Yang Endorsed $1,000-per-person Universal Basic Income.
Andrew Yang, a former tech executive, outright endorsed a universal basic income of $1,000 per adult in the United States. However, when moderators asked how much it would cost and how his administration would pay for it, Yang struggled to answer the question and briefly froze. The Center on Budget and Policy Priorities estimates that a universal basic income plan would cost taxpayers $30 to $40 trillion dollars over ten years. Those numbers are most likely to be adjusted based on inflation and a rising cost of living.
If a President were elected who believes a basic universal income, the problem would be whether Congress would pass a bill and write it into law. As of right now, the House of Representatives is controlled by Democrats and the U.S. Senate is controlled by the Republicans. Whether Speaker Pelosi would adopt such a policy is not yet known. However, the likelihood that Leader McConnell would adopt such a policy is slim to none.
The Total Cost
Currently, taxpayers pay the federal government a total of $3.4 Trillion dollars and have a rising debt of $22.4 Trillion dollars as of this publication.
The total cost of the proposed programs is over $68 Trillion dollars, meaning the current revenue is not enough to cover them. Candidates have not stated whether they would have to borrow money or raise taxes. Either way, taxpayers will have to pay more.
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Murkowski vs Trump: Senator sides with Democrats on Iran after series of breaks with president
Bishop Barron slams ‘borderline communists’ Sanders, Mamdani ahead of Trump prayer event: ‘Economy that kills’
Trump DHS Announces 12 Straight Months of Zero Border Releases as Crossings Hit Historic Lows
Coast Guard releases new photos of sailboat seized in missing American’s Bahamas disappearance case
Auburn grad who just landed dream job allegedly shot and killed by boyfriend’s father in Alabama
Hero Principal Gives Credit Where It’s Due: ‘I Think God’s Hand Was on All of Us’
Airlines Seek Federal Bailouts Following Spirit Airlines Shutdown as Fuel Prices Rise
Key China-Iran infrastructure exposes critical hole in Trump’s war strategy
Xi gifts Trump Chinese rose seeds, on top of new ammo for White House ballroom
Are Marco Rubio’s 2028 presidential prospects on the rise?
Adverse court rulings slow, and may stop, House Democrats’ march to the majority
Trump wraps widely-watched trip to China, departing on Air Force One after high-stakes Xi meeting
Ugandan Evangelist Killed by Suspected Muslims After Sharing the Gospel
Israel, Jews targeted worldwide as well-funded leftist, Islamist groups join for ‘Nakba 78’ protests
The problem, how much will this truly cost and how will this affect the American people?
Story cited here.
