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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.


High School Football Coach Fired, Allegedly for Running Up Score Against Lesser Opponent
House Democrat Reveals Plan to Knock Maxine Waters Off Her Leadership Pedestal, Sparking Internal Turmoil
Fox News Poll: Cost of living concerns weigh on GOP in midterms
Expert calls California ‘Wild West’ for surrogacy after couple charged with abusing surrogate-born children
Karen Bass and Nithya Raman vie for Spencer Pratt’s voters in final Los Angeles mayoral debate
DOJ unveils nationwide tax fraud crackdown involving 76 defendants, nearly $500M in alleged losses
Breaking: The DOJ Has Seized Ilhan Omar’s Phone
Dem AG targets Trump on voting while his state sends rights letters to dead people
Metallica Frontman Triggers Leftists with Subtle Shot at Zach Bryan, Macklemore, and Jelly Roll
Mamdani accuses Blakeman of ‘bigotry and racism’ in breakout debate that mayor didn’t watch
Lindsay Clancy mistrial holdout says he thought she was ‘methodical’ in the ‘execution’ of her children
Ken Paxton sues major baby food companies, alleging dangerous levels of heavy metals
AOC puts her standing as progressive leader on the line by hitching wagon to el Sayed
Federal Judge Sides with CNN, Politico, MS NOW in Battle Against White House
Massive trove of Republican voter and donor info breached in Biden DOJ probe: Senate chairman

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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High School Football Coach Fired, Allegedly for Running Up Score Against Lesser Opponent
House Democrat Reveals Plan to Knock Maxine Waters Off Her Leadership Pedestal, Sparking Internal Turmoil
Fox News Poll: Cost of living concerns weigh on GOP in midterms
Expert calls California ‘Wild West’ for surrogacy after couple charged with abusing surrogate-born children
Karen Bass and Nithya Raman vie for Spencer Pratt’s voters in final Los Angeles mayoral debate
DOJ unveils nationwide tax fraud crackdown involving 76 defendants, nearly $500M in alleged losses
Breaking: The DOJ Has Seized Ilhan Omar’s Phone
Dem AG targets Trump on voting while his state sends rights letters to dead people
Metallica Frontman Triggers Leftists with Subtle Shot at Zach Bryan, Macklemore, and Jelly Roll
Mamdani accuses Blakeman of ‘bigotry and racism’ in breakout debate that mayor didn’t watch
Lindsay Clancy mistrial holdout says he thought she was ‘methodical’ in the ‘execution’ of her children
Ken Paxton sues major baby food companies, alleging dangerous levels of heavy metals
AOC puts her standing as progressive leader on the line by hitching wagon to el Sayed
Federal Judge Sides with CNN, Politico, MS NOW in Battle Against White House
Massive trove of Republican voter and donor info breached in Biden DOJ probe: Senate chairman

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.


High School Football Coach Fired, Allegedly for Running Up Score Against Lesser Opponent
House Democrat Reveals Plan to Knock Maxine Waters Off Her Leadership Pedestal, Sparking Internal Turmoil
Fox News Poll: Cost of living concerns weigh on GOP in midterms
Expert calls California ‘Wild West’ for surrogacy after couple charged with abusing surrogate-born children
Karen Bass and Nithya Raman vie for Spencer Pratt’s voters in final Los Angeles mayoral debate
DOJ unveils nationwide tax fraud crackdown involving 76 defendants, nearly $500M in alleged losses
Breaking: The DOJ Has Seized Ilhan Omar’s Phone
Dem AG targets Trump on voting while his state sends rights letters to dead people
Metallica Frontman Triggers Leftists with Subtle Shot at Zach Bryan, Macklemore, and Jelly Roll
Mamdani accuses Blakeman of ‘bigotry and racism’ in breakout debate that mayor didn’t watch
Lindsay Clancy mistrial holdout says he thought she was ‘methodical’ in the ‘execution’ of her children
Ken Paxton sues major baby food companies, alleging dangerous levels of heavy metals
AOC puts her standing as progressive leader on the line by hitching wagon to el Sayed
Federal Judge Sides with CNN, Politico, MS NOW in Battle Against White House
Massive trove of Republican voter and donor info breached in Biden DOJ probe: Senate chairman

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

Story cited here.

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