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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.


Ax-wielding suspect subdued by teen military recruit’s MMA takedown in car wash clash caught on video
‘Unprecedented’ agreement releases emergency oil reserves as gas prices spark concerns
House Oversight Committee demands depositions from Bondi and Lutnick in Epstein probe
Dem lawmaker disputes police bodycam amid reports he said he was above the law: ‘On top’ or ‘on time’
Bipartisan housing push advances, but Trump-backed investor ban faces resistance
Trump administration puts key Biden-era immigration policy on notice: ‘Unsustainable cycle’
The ‘Worst Mayor in America’ Is Attempting a Political Comeback — With a New Party
Kamala Harris Cancels Multiple Book Tour Stops Amid Controversy
Unusual Calls Made from NYC Terror Suspect’s Home Hours After Arrest Raise Questions: Report
Uh-Oh: Video Captures Schumer Finally Admitting It – He Hates the SAVE America Act Because It Cleans Voter Rolls in Every State
Hillary Clinton caught on video stepping back after pushy former president nudges her at busy NYC intersection
Shipping disruptions spread beyond oil: Helium, sulfur, and semiconductors
3 brothers of Iraqi descent arrested in Oslo for allegedly ‘terror bombing’ of US Embassy
Republican Sen. John Cornyn Calls on GOP to Change Filibuster and Pass SAVE Act as He Prepares for Primary Runoff Against Ken Paxton
Minnesota human services officials skip fraud hearing as Walz promises reform

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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Ax-wielding suspect subdued by teen military recruit’s MMA takedown in car wash clash caught on video
‘Unprecedented’ agreement releases emergency oil reserves as gas prices spark concerns
House Oversight Committee demands depositions from Bondi and Lutnick in Epstein probe
Dem lawmaker disputes police bodycam amid reports he said he was above the law: ‘On top’ or ‘on time’
Bipartisan housing push advances, but Trump-backed investor ban faces resistance
Trump administration puts key Biden-era immigration policy on notice: ‘Unsustainable cycle’
The ‘Worst Mayor in America’ Is Attempting a Political Comeback — With a New Party
Kamala Harris Cancels Multiple Book Tour Stops Amid Controversy
Unusual Calls Made from NYC Terror Suspect’s Home Hours After Arrest Raise Questions: Report
Uh-Oh: Video Captures Schumer Finally Admitting It – He Hates the SAVE America Act Because It Cleans Voter Rolls in Every State
Hillary Clinton caught on video stepping back after pushy former president nudges her at busy NYC intersection
Shipping disruptions spread beyond oil: Helium, sulfur, and semiconductors
3 brothers of Iraqi descent arrested in Oslo for allegedly ‘terror bombing’ of US Embassy
Republican Sen. John Cornyn Calls on GOP to Change Filibuster and Pass SAVE Act as He Prepares for Primary Runoff Against Ken Paxton
Minnesota human services officials skip fraud hearing as Walz promises reform

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.


Ax-wielding suspect subdued by teen military recruit’s MMA takedown in car wash clash caught on video
‘Unprecedented’ agreement releases emergency oil reserves as gas prices spark concerns
House Oversight Committee demands depositions from Bondi and Lutnick in Epstein probe
Dem lawmaker disputes police bodycam amid reports he said he was above the law: ‘On top’ or ‘on time’
Bipartisan housing push advances, but Trump-backed investor ban faces resistance
Trump administration puts key Biden-era immigration policy on notice: ‘Unsustainable cycle’
The ‘Worst Mayor in America’ Is Attempting a Political Comeback — With a New Party
Kamala Harris Cancels Multiple Book Tour Stops Amid Controversy
Unusual Calls Made from NYC Terror Suspect’s Home Hours After Arrest Raise Questions: Report
Uh-Oh: Video Captures Schumer Finally Admitting It – He Hates the SAVE America Act Because It Cleans Voter Rolls in Every State
Hillary Clinton caught on video stepping back after pushy former president nudges her at busy NYC intersection
Shipping disruptions spread beyond oil: Helium, sulfur, and semiconductors
3 brothers of Iraqi descent arrested in Oslo for allegedly ‘terror bombing’ of US Embassy
Republican Sen. John Cornyn Calls on GOP to Change Filibuster and Pass SAVE Act as He Prepares for Primary Runoff Against Ken Paxton
Minnesota human services officials skip fraud hearing as Walz promises reform

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

Story cited here.

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