Bernie Sanders' plans would cost $18 trillion
If Bernie Sanders wins the presidency, the U.S. would spend more — a whole lot more. The Wall Street Journal tallied the costs of all of the Vermont senator's proposed projects, and totaled Sanders' tab at a whopping $18 trillion. That cash would go toward what The Wall Street Journal says would be "the largest peacetime expansion of government in modern American history," including an estimated $15 trillion government-run health care program that would ensure coverage for every American, an emphasis on rebuilding infrastructure, the expansion of Social Security, and free tuition at public colleges across the country.
Sanders plans to raise the money for these projects through tax increases, which his staff say could bring in as much as $6.5 trillion in a 10-year period. But while Sanders is confident he could find the cash, conservative and liberal jaws alike are dropping over how much Sanders plans to spend. Democrats think that it might be "politically infeasible" for Sanders' spending proposals to become a reality.
Feasible or not, Sanders defends the spending as going to "essential government services at a time of increasing strain on the middle class," The Wall Street Journal says. "Sen. Sanders' agenda does cost money,” his policy director Warren Gunnels told The Wall Street Journal. “If you look at the problems that are out there, it’s very reasonable.”
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Read the full rundown on Sanders' spending plans at The Wall Street Journal.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
Was the Azerbaijan Airlines plane shot down?
Today's Big Question Multiple sources claim Russian anti-aircraft missile damaged passenger jet, leading to Christmas Day crash that killed at least 38
By Harriet Marsden, The Week UK Published
-
Ukraine hints at end to 'hot war' with Russia in 2025
Talking Points Could the new year see an end to the worst European violence of the 21st Century?
By Rafi Schwartz, The Week US Published
-
What does the FDIC do?
In the Spotlight Deposit insurance builds confidence in the banking system
By Joel Mathis, The Week US Published
-
Putin says Russia isn't weakened by Syria setback
Speed Read Russia had been one of the key backers of Syria's ousted Assad regime
By Peter Weber, The Week US Published
-
Georgia DA Fani Willis removed from Trump case
Speed Read Willis had been prosecuting the election interference case against the president-elect
By Rafi Schwartz, The Week US Published
-
Democrats blame 'President Musk' for looming shutdown
Speed Read The House of Representatives rejected a spending package that would've funding the government into 2025
By Peter Weber, The Week US Published
-
Trump, Musk sink spending bill, teeing up shutdown
Speed Read House Republicans abandoned the bill at the behest of the two men
By Peter Weber, The Week US Published
-
Congress reaches spending deal to avert shutdown
Speed Read The bill would fund the government through March 14, 2025
By Peter Weber, The Week US Published
-
Luigi Mangione charged with murder, terrorism
Speed Read Magnione is accused of murdering UnitedHealthcare CEO Brian Thompson
By Peter Weber, The Week US Published
-
Ex-FBI informant pleads guilty to lying about Bidens
Speed Read Alexander Smirnov claimed that President Joe Biden and his son Hunter were involved in a bribery scheme with Ukrainian energy company Burisma
By Rafi Schwartz, The Week US Published
-
South Korea impeaches president, eyes charges
Speed Read Yoon Suk Yeol faces investigations on potential insurrection and abuse of power charges
By Peter Weber, The Week US Published