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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.


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Art Garfunkel Says He’s Contemplating Leaving America Because of Trump
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EXCLUSIVE — Newsom’s hard truth for Democrats: ‘It’s our performance’
Trump hails ‘really big night’ for populists in German election after historic victory
Supreme Court chief justice praises outgoing Smithsonian leader who was under pressure from Trump admin
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George Bush welcomes top officials to his home state for 9/11 remembrance on 25th anniversary of attacks
Socialist politicians are ‘more racist than the KKK,’ says Black Dem official urging voters to ditch El-Sayed
Appeals court upholds order blocking IRS from sharing taxpayer data with ICE
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Data shows Amazon jet’s key braking systems did not deploy during deadly Miami crash: NTSB
Ex-Dem lobbyist for company that promoted addictive opioid clears key gubernatorial hurdle
Wife of top ex-Biden advisor easily advances to House showdown in November
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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: Lindsay Clancy Jurors Accidentally Admit They Made Their Decision Based on the Wrong Criteria
Art Garfunkel Says He’s Contemplating Leaving America Because of Trump
Oil hits $100 per barrel after US hit Iranian tankers near Strait of Hormuz
EXCLUSIVE — Newsom’s hard truth for Democrats: ‘It’s our performance’
Trump hails ‘really big night’ for populists in German election after historic victory
Supreme Court chief justice praises outgoing Smithsonian leader who was under pressure from Trump admin
Who were the key figures in the Bush administration on 9/11, and where are they now
George Bush welcomes top officials to his home state for 9/11 remembrance on 25th anniversary of attacks
Socialist politicians are ‘more racist than the KKK,’ says Black Dem official urging voters to ditch El-Sayed
Appeals court upholds order blocking IRS from sharing taxpayer data with ICE
Senator’s daughter wins Democratic nod in closely watched race to replace outgoing Dem incumbent
Data shows Amazon jet’s key braking systems did not deploy during deadly Miami crash: NTSB
Ex-Dem lobbyist for company that promoted addictive opioid clears key gubernatorial hurdle
Wife of top ex-Biden advisor easily advances to House showdown in November
Cold case takes grim turn after remains identified as runaway teen; homicide investigation underway

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: Lindsay Clancy Jurors Accidentally Admit They Made Their Decision Based on the Wrong Criteria
Art Garfunkel Says He’s Contemplating Leaving America Because of Trump
Oil hits $100 per barrel after US hit Iranian tankers near Strait of Hormuz
EXCLUSIVE — Newsom’s hard truth for Democrats: ‘It’s our performance’
Trump hails ‘really big night’ for populists in German election after historic victory
Supreme Court chief justice praises outgoing Smithsonian leader who was under pressure from Trump admin
Who were the key figures in the Bush administration on 9/11, and where are they now
George Bush welcomes top officials to his home state for 9/11 remembrance on 25th anniversary of attacks
Socialist politicians are ‘more racist than the KKK,’ says Black Dem official urging voters to ditch El-Sayed
Appeals court upholds order blocking IRS from sharing taxpayer data with ICE
Senator’s daughter wins Democratic nod in closely watched race to replace outgoing Dem incumbent
Data shows Amazon jet’s key braking systems did not deploy during deadly Miami crash: NTSB
Ex-Dem lobbyist for company that promoted addictive opioid clears key gubernatorial hurdle
Wife of top ex-Biden advisor easily advances to House showdown in November
Cold case takes grim turn after remains identified as runaway teen; homicide investigation underway

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

Story cited here.

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