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2020 Democratic Policies Would Send Taxpayers a $68 Trillion+ Bill

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.

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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.


Academics and CEOs dominate Fed advisory boards
28 for ’28: The open presidential race field could reach more than two dozen candidates
Nolan’s ‘The Odyssey’ is clumsy, anachronistic, and badly acted
China’s routing of Biden in chip war with US created a communist tech giant
Witnesses recount ‘scary’ NYC stabbing after suspect allegedly yelled ‘Allahu Akbar’ during attacks
Multiple injured after floatplane makes emergency landing, catches fire off Washington coast
California mayor’s hot mic catches candid exchange after audience sends meeting off rails
Never Forget Dems Supported Large-Scale Deportations Until Trump Took Up the Issue – Just Listen to What Obama Said in 2014
Massachusetts Democratic Party chairman admits to sufficient facts in June drunken driving case
Rubio unveils visa restrictions targeting cybercrime networks
House Democrats Furious at Their Own Campaign Arm Over Expensive Primary Blunder
Ex-Dem Legislator Arrested Over Child Porn, But It’s 7 Words from FBI Investigator That Will Make You Sick to Your Stomach
Hunter Biden Blasts CNN’s Jake Tapper as a ‘Poor Journalist’ and a Terrible Person in NSFW Comments
Dem’s stunning ideal standard for immigration detention conditions resurfaces amid Texas senate bid
Lauren Boebert Says She Missed Key House Vote Because She Was Misinformed by GOP Staffers

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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Academics and CEOs dominate Fed advisory boards
28 for ’28: The open presidential race field could reach more than two dozen candidates
Nolan’s ‘The Odyssey’ is clumsy, anachronistic, and badly acted
China’s routing of Biden in chip war with US created a communist tech giant
Witnesses recount ‘scary’ NYC stabbing after suspect allegedly yelled ‘Allahu Akbar’ during attacks
Multiple injured after floatplane makes emergency landing, catches fire off Washington coast
California mayor’s hot mic catches candid exchange after audience sends meeting off rails
Never Forget Dems Supported Large-Scale Deportations Until Trump Took Up the Issue – Just Listen to What Obama Said in 2014
Massachusetts Democratic Party chairman admits to sufficient facts in June drunken driving case
Rubio unveils visa restrictions targeting cybercrime networks
House Democrats Furious at Their Own Campaign Arm Over Expensive Primary Blunder
Ex-Dem Legislator Arrested Over Child Porn, But It’s 7 Words from FBI Investigator That Will Make You Sick to Your Stomach
Hunter Biden Blasts CNN’s Jake Tapper as a ‘Poor Journalist’ and a Terrible Person in NSFW Comments
Dem’s stunning ideal standard for immigration detention conditions resurfaces amid Texas senate bid
Lauren Boebert Says She Missed Key House Vote Because She Was Misinformed by GOP Staffers

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.

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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.


Academics and CEOs dominate Fed advisory boards
28 for ’28: The open presidential race field could reach more than two dozen candidates
Nolan’s ‘The Odyssey’ is clumsy, anachronistic, and badly acted
China’s routing of Biden in chip war with US created a communist tech giant
Witnesses recount ‘scary’ NYC stabbing after suspect allegedly yelled ‘Allahu Akbar’ during attacks
Multiple injured after floatplane makes emergency landing, catches fire off Washington coast
California mayor’s hot mic catches candid exchange after audience sends meeting off rails
Never Forget Dems Supported Large-Scale Deportations Until Trump Took Up the Issue – Just Listen to What Obama Said in 2014
Massachusetts Democratic Party chairman admits to sufficient facts in June drunken driving case
Rubio unveils visa restrictions targeting cybercrime networks
House Democrats Furious at Their Own Campaign Arm Over Expensive Primary Blunder
Ex-Dem Legislator Arrested Over Child Porn, But It’s 7 Words from FBI Investigator That Will Make You Sick to Your Stomach
Hunter Biden Blasts CNN’s Jake Tapper as a ‘Poor Journalist’ and a Terrible Person in NSFW Comments
Dem’s stunning ideal standard for immigration detention conditions resurfaces amid Texas senate bid
Lauren Boebert Says She Missed Key House Vote Because She Was Misinformed by GOP Staffers

The problem, how much will this truly cost and how will this affect the American people?

Story cited here.

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