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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.


Death threats from ‘TDS’ song show it’s ‘about the right thing’: Natasha Owens
US opens its home World Cup with a dynamic 4-1 victory over Paraguay, sparked by Balogun’s 2 goals
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Kennedy Center takes down Trump’s name: Photos
Trump Develops Plan to Get His First Term Impeachments Expunged: ‘I Did Nothing Wrong’
Kennedy Center workers start to remove Trump’s name after overnight deadline
Talarico touts Texas roots as out-of-state cash powers Senate campaign
‘Hell on wheels’ killer Mackenzie Shirilla lands prison job while serving life sentence for fatal 2022 crash
Hasan Piker celebrates America being ‘closer than ever’ to socialism as he backs NYC candidates
James Talarico Calls Biden’s Border ‘Utter Chaos’ In Attempted Immigration Rebrand
Menendez brothers eyed $20M insurance payout after parents’ murders, Jose’s ex-business partner claims
Rahm Emanuel road-tests emphasis on policy over Trump-hatred

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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Death threats from ‘TDS’ song show it’s ‘about the right thing’: Natasha Owens
US opens its home World Cup with a dynamic 4-1 victory over Paraguay, sparked by Balogun’s 2 goals
Lib Mayor Defends ‘Violence Intervention’ Activists After Yet Another Gets Arrested
Major Car Maker Issues Recall Over Engine Issue That Could Make Vehicle Stall
EXCLUSIVE: Collins pits record built in Maine potato fields against Platner’s ‘angry rhetoric’
Why This Tech Company Wants to Release 32 Million Mosquitos Into the US
Kennedy Center takes down Trump’s name: Photos
Trump Develops Plan to Get His First Term Impeachments Expunged: ‘I Did Nothing Wrong’
Kennedy Center workers start to remove Trump’s name after overnight deadline
Talarico touts Texas roots as out-of-state cash powers Senate campaign
‘Hell on wheels’ killer Mackenzie Shirilla lands prison job while serving life sentence for fatal 2022 crash
Hasan Piker celebrates America being ‘closer than ever’ to socialism as he backs NYC candidates
James Talarico Calls Biden’s Border ‘Utter Chaos’ In Attempted Immigration Rebrand
Menendez brothers eyed $20M insurance payout after parents’ murders, Jose’s ex-business partner claims
Rahm Emanuel road-tests emphasis on policy over Trump-hatred

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.


Death threats from ‘TDS’ song show it’s ‘about the right thing’: Natasha Owens
US opens its home World Cup with a dynamic 4-1 victory over Paraguay, sparked by Balogun’s 2 goals
Lib Mayor Defends ‘Violence Intervention’ Activists After Yet Another Gets Arrested
Major Car Maker Issues Recall Over Engine Issue That Could Make Vehicle Stall
EXCLUSIVE: Collins pits record built in Maine potato fields against Platner’s ‘angry rhetoric’
Why This Tech Company Wants to Release 32 Million Mosquitos Into the US
Kennedy Center takes down Trump’s name: Photos
Trump Develops Plan to Get His First Term Impeachments Expunged: ‘I Did Nothing Wrong’
Kennedy Center workers start to remove Trump’s name after overnight deadline
Talarico touts Texas roots as out-of-state cash powers Senate campaign
‘Hell on wheels’ killer Mackenzie Shirilla lands prison job while serving life sentence for fatal 2022 crash
Hasan Piker celebrates America being ‘closer than ever’ to socialism as he backs NYC candidates
James Talarico Calls Biden’s Border ‘Utter Chaos’ In Attempted Immigration Rebrand
Menendez brothers eyed $20M insurance payout after parents’ murders, Jose’s ex-business partner claims
Rahm Emanuel road-tests emphasis on policy over Trump-hatred

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

Story cited here.

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