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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.


Watch: James Comer Brings Hard Evidence to House Floor After Hakeem Jeffries Calls Him a ‘Stone-Cold Liar’
Russia and Ukraine worked ‘equally’ with US counterparts on peace deal for a month, Leavitt says
‘Peak Irony’ Riley Gaines Fires Back Against Megan Rapinoe’s Attack on the ‘Save Women’s Sports’ Movement
New York leaders condemn ‘intifada’ chants targeting a synagogue led by a Holocaust survivor
GOP wrestles with Obamacare fix as Trump looms over subsidy fight
Leavitt does damage control after ‘frustrated’ Trump lashes out at reporter and calls for executing Democrats
Fact Check: No, the Comey Prosecutor Did Not Mislead Grand Jurors, Regardless of What the Biden-Appointed Judge Says
ICE deports MS-13 gang leader who tried to ‘game our immigration system’ under Biden administration, DHS says
Even CNN Can’t Believe Jasmine Crockett’s Absurd Excuse for False Epstein Accusation Against Trump Official
Climate deadlines collide with politics as Dem-led states chase Big Oil in court but spare local refiners
Dem lawmaker sets litmus test for party with 5th Trump impeachment effort
Touchdown: Trump’s New Jersey Generals jacket auctioned for $18,658
Fox News ‘Antisemitism Exposed’ Newsletter: Hating on Miss Israel
Decamillionaires in Congress make taxpayers pay for their lodging and lunches
House members react to indictment of Florida Democrat: ‘Most egregious abuses of public trust’

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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Watch: James Comer Brings Hard Evidence to House Floor After Hakeem Jeffries Calls Him a ‘Stone-Cold Liar’
Russia and Ukraine worked ‘equally’ with US counterparts on peace deal for a month, Leavitt says
‘Peak Irony’ Riley Gaines Fires Back Against Megan Rapinoe’s Attack on the ‘Save Women’s Sports’ Movement
New York leaders condemn ‘intifada’ chants targeting a synagogue led by a Holocaust survivor
GOP wrestles with Obamacare fix as Trump looms over subsidy fight
Leavitt does damage control after ‘frustrated’ Trump lashes out at reporter and calls for executing Democrats
Fact Check: No, the Comey Prosecutor Did Not Mislead Grand Jurors, Regardless of What the Biden-Appointed Judge Says
ICE deports MS-13 gang leader who tried to ‘game our immigration system’ under Biden administration, DHS says
Even CNN Can’t Believe Jasmine Crockett’s Absurd Excuse for False Epstein Accusation Against Trump Official
Climate deadlines collide with politics as Dem-led states chase Big Oil in court but spare local refiners
Dem lawmaker sets litmus test for party with 5th Trump impeachment effort
Touchdown: Trump’s New Jersey Generals jacket auctioned for $18,658
Fox News ‘Antisemitism Exposed’ Newsletter: Hating on Miss Israel
Decamillionaires in Congress make taxpayers pay for their lodging and lunches
House members react to indictment of Florida Democrat: ‘Most egregious abuses of public trust’

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.


Watch: James Comer Brings Hard Evidence to House Floor After Hakeem Jeffries Calls Him a ‘Stone-Cold Liar’
Russia and Ukraine worked ‘equally’ with US counterparts on peace deal for a month, Leavitt says
‘Peak Irony’ Riley Gaines Fires Back Against Megan Rapinoe’s Attack on the ‘Save Women’s Sports’ Movement
New York leaders condemn ‘intifada’ chants targeting a synagogue led by a Holocaust survivor
GOP wrestles with Obamacare fix as Trump looms over subsidy fight
Leavitt does damage control after ‘frustrated’ Trump lashes out at reporter and calls for executing Democrats
Fact Check: No, the Comey Prosecutor Did Not Mislead Grand Jurors, Regardless of What the Biden-Appointed Judge Says
ICE deports MS-13 gang leader who tried to ‘game our immigration system’ under Biden administration, DHS says
Even CNN Can’t Believe Jasmine Crockett’s Absurd Excuse for False Epstein Accusation Against Trump Official
Climate deadlines collide with politics as Dem-led states chase Big Oil in court but spare local refiners
Dem lawmaker sets litmus test for party with 5th Trump impeachment effort
Touchdown: Trump’s New Jersey Generals jacket auctioned for $18,658
Fox News ‘Antisemitism Exposed’ Newsletter: Hating on Miss Israel
Decamillionaires in Congress make taxpayers pay for their lodging and lunches
House members react to indictment of Florida Democrat: ‘Most egregious abuses of public trust’

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

Story cited here.

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