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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: Scott Bessent Unleashes on Gavin Newsom at Davos, Gives Him a Painful New Nickname
CNN Panelist Issues Retraction and Apology After Going Too Far in On-Air Trump Attack
NATO chief praises Trump at Davos, says he forced Europe to ‘step up’ on defense
Vice President JD Vance to visit Minneapolis, source says, amid unrest over ICE operations
NATO Chief Tells World Leaders ‘Trump Is Right’ About Greenland
Air Force One Forced to Turn Around and Make Unscheduled Landing During Trump’s Trip to Europe
NASA astronaut who was stuck in space retires after 27-year career
Mamdani Turns Into Kamala Harris on ‘The View’ – Responds With Gibberish to Question on Aides’ Rabid Anti-White Racism
Mexico flies 37 cartel members to US under pressure from Trump admin
Trump set to meet with foreign leaders at the World Economic Forum and more top headlines
Ex-NFL reporter launches GOP Senate bid, reveals how she will flip script on state’s ‘crisis of leadership’
What will Trump’s Greenland obsession mean for the future of NATO?
Davos braces for Trump as even he admits: ‘I have no idea what’s going to happen’
Crime, guns, and taxes: Democrats seek to reshape Virginia moments after taking power
Georgia teen arrested after father turns him in following pair of shootings, police say

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: Scott Bessent Unleashes on Gavin Newsom at Davos, Gives Him a Painful New Nickname
CNN Panelist Issues Retraction and Apology After Going Too Far in On-Air Trump Attack
NATO chief praises Trump at Davos, says he forced Europe to ‘step up’ on defense
Vice President JD Vance to visit Minneapolis, source says, amid unrest over ICE operations
NATO Chief Tells World Leaders ‘Trump Is Right’ About Greenland
Air Force One Forced to Turn Around and Make Unscheduled Landing During Trump’s Trip to Europe
NASA astronaut who was stuck in space retires after 27-year career
Mamdani Turns Into Kamala Harris on ‘The View’ – Responds With Gibberish to Question on Aides’ Rabid Anti-White Racism
Mexico flies 37 cartel members to US under pressure from Trump admin
Trump set to meet with foreign leaders at the World Economic Forum and more top headlines
Ex-NFL reporter launches GOP Senate bid, reveals how she will flip script on state’s ‘crisis of leadership’
What will Trump’s Greenland obsession mean for the future of NATO?
Davos braces for Trump as even he admits: ‘I have no idea what’s going to happen’
Crime, guns, and taxes: Democrats seek to reshape Virginia moments after taking power
Georgia teen arrested after father turns him in following pair of shootings, police say

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: Scott Bessent Unleashes on Gavin Newsom at Davos, Gives Him a Painful New Nickname
CNN Panelist Issues Retraction and Apology After Going Too Far in On-Air Trump Attack
NATO chief praises Trump at Davos, says he forced Europe to ‘step up’ on defense
Vice President JD Vance to visit Minneapolis, source says, amid unrest over ICE operations
NATO Chief Tells World Leaders ‘Trump Is Right’ About Greenland
Air Force One Forced to Turn Around and Make Unscheduled Landing During Trump’s Trip to Europe
NASA astronaut who was stuck in space retires after 27-year career
Mamdani Turns Into Kamala Harris on ‘The View’ – Responds With Gibberish to Question on Aides’ Rabid Anti-White Racism
Mexico flies 37 cartel members to US under pressure from Trump admin
Trump set to meet with foreign leaders at the World Economic Forum and more top headlines
Ex-NFL reporter launches GOP Senate bid, reveals how she will flip script on state’s ‘crisis of leadership’
What will Trump’s Greenland obsession mean for the future of NATO?
Davos braces for Trump as even he admits: ‘I have no idea what’s going to happen’
Crime, guns, and taxes: Democrats seek to reshape Virginia moments after taking power
Georgia teen arrested after father turns him in following pair of shootings, police say

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

Story cited here.

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