Study: Sanders' economic plan piles $18T on federal debt

[still_one]

A nonpartisan study finds that Sen. Bernie Sanders' tax and spending proposals would provide new levels of health and education benefits for American families

WASHINGTON (AP) -- Sen. Bernie Sanders' tax and spending proposals would provide new levels of health and education benefits for American families, but they'd also blow an $18-trillion hole in federal deficits, piling on so much debt they would damage the economy.

That sobering assessment comes from a joint analysis released Monday by the nonpartisan Urban-Brookings Tax Policy Center and the Urban Institute Health Policy Center, well-known Washington think tanks.

Democratic presidential candidate Sanders would raise taxes by more than $15 trillion over 10 years, with most of that paid by upper-income earners.

But that wouldn't be enough to cover the cost of his proposed government-run health care system, along with free undergraduate college, enhanced Social Security, family and medical leave, among other new programs. The cost of the health care plan alone is more than $30 trillion, according to the study.

https://finance.yahoo.com/news/study-sanders-economic-plan-piles-170219543.html

[wysi]

1. What a shock

I'm shocked, totally shocked and stunned.

[sheshe2]

7. Sticker shock. nt

[stopbush]

2. DU's BSers are ranting and raving about this report.

The delusion and denial are monumental.

Shoot the messenger, establishment hacks, Hillary flunkies. Bernie pays for it all, he promised!

We like the first part of the report that says Bernie's plans will save most people money, but the second part that says those "savings" will only come by adding $21-TRILLION in debt are bogus!!!1teh Hillary lies!!teh

They can't handle the truth.

[Thinkingabout]

3. He has not been truthful about his proposals and the cost, now we do not hear about them as much,

Wonder why, maybe the cost shocked Sanders. Talking about the issues is a losing statement.

[anotherproletariat]

4. Another reason why his claims of 'electability' are bunk. Imagine what the repubs will do with this!

I can already see the attack ads...many of them.

[BootinUp]

5. The MSM would have crucified him. nt

[hamsterjill]

6. Look, I'm sorry, and I've tried to be nice with regard to Senator Sanders

I haven't denigrated him or his supporters, and I've said all along that if he were the nominee, that I'd vote for him.

But we all know damn good and well that American voters, as a whole, are not going to elect someone with a socialist platform. Ordinary, working people, who are not wealthy, but who are not necessarily minimum wage earners, cannot afford to lose any more income. Cannot afford to be squeezed any further.

Bernie's plan doesn't just target the top 1%, it targets families that make less than $100,000 per year, and their "wealth" cannot be measured by how much their income is, but rather by how much of that income is left over after basic expenses are taken out...which isn't very damn much these days.

There, I said it. The sentiments of his campaign have been nice, and some have joined the dream world, but reality must set in at some point.

His platform doesn't JUST tax the wealthy. It taxes ordinary Americans like me who work our butts off and who would see our taxes go up in the thousands with very little IF ANY benefit in return. I've heard the arguments, and I certainly am NOT a freaking Republican, but this country is not at a point yet where we can afford and/or maintain a socialist agenda.

I have loved Bernie's vision for a better America for everyone, but he has failed to convince me that it is achievable. Hillary offers, in my opinion, a step further along in the process continuing what Obama has started. I find that approach to be the most realistic.

[KK9]

12. My feelings too...

I don't disagree with any of the big ideas that Sanders is proposing. But, as a long term goal to work towards, not an immediate, slam bang, fix. He (and his supporters) NEVER talk about the details of how that would happen and who would be hurt while rushing it like that. Pretty sure most of us would be. Pretty sure my family would be hurt and we're not 1%ers.

[bluestateguy]

8. I actually favor gradually moving to a single payer system

That said, you have to be on the up and up about how it's paid for.

[BootinUp]

9. Yep. nt

[wysi]

11. So do I...

... and it's clear you don't get there in one fell swoop, described in eight pages.

[skylucy]

10. Thanks for posting this. Always feel like I need to read these kinds of things quick or print out a

copy in case the "alert" crazies have their way.

[Cha]

13. Shocking. Finally, this is coming out..

Thank you, stillone~