Statement from Biden Campaign on sanders not knowing the costs of his massive programs

[Gothmog]

Link to tweet

[Autumn]

1. Sanders knows that he wasn't arrested in SA... so there's that.

Biden Has Claimed Several Times He Was Arrested In South Africa While Trying To Visit Nelson Mandela
https://dailycaller.com/2020/02/22/joe-biden-arrest-south-africa-nelson-mandela/

[questionseverything]

2. lol ty i needed that

[uponit7771]

4. Politico meta that'll play well in CoC even if its part true vs someone not know cost of programs?

... Really, somehow that needs to be mentioned here?

[Autumn]

5. Well if you can prove that the story is a lie please proceed. I well remember when Mandella

was released, don't even have to look it up. I also know that a sitting United States Senator being arrested in another country would have created an international incident, and that incident would have been extensively been in the news. It wasn't

I imagine once the bill is brought up in an administration the figures will be known.

Is there some reason that a candidate talking of an event that there is no record of, can't be mentioned in a thread on that politician, on a political message board? Purely rhetorical question, I already know the answer.

[uponit7771]

7. If Biden is 100% lying about everything then that's not good my point is if 1% of what he is

... saying is true that's good for him for his support for Mendalla.

On the other hand Sanders praised the father of the baby in the bath water named Castro by deflecting with "not all bad" as if we don't know that already.

No, Obama didn't praise the father of the baby he praised the baby in the bath water and there is a distinct difference.

[Autumn]

11. Which has nothing to do with a Senator not being arrested in SA and that same candidate for

president now saying he's running for the Senate. But just so I understand your point you are making, you are upset that Sanders said something about Castro that we already knew?

Sanders praised the father of the baby in the bath water named Castro by deflecting with "not all bad" as if we don't know that already.

[uponit7771]

12. If he's not lying it does

[Autumn]

13. No one ever said that a person who is confused is lying. A person who gets confused is confused

for many reasons. Heath, ignorance or they believe something without knowing the facts.

I still don't get this part of your response to me.

Sanders praised the father of the baby in the bath water named Castro by deflecting
with "not all bad" as if we don't know that already.

If we knew it already what the problem with Sanders saying what many of us already know?

[Gothmog]

9. LOL sanders plan does not add up

Link to tweet

[Autumn]

10. Oh noes!!!!

[Gothmog]

14. NYT-Sander plan may not add up

Link to tweet

Senator Bernie Sanders of Vermont, under growing pressure to explain how he would pay for his very expensive policy agenda, released a checklist on Monday evening that he described as a full explanation of how he would finance all of his proposals.

The actual document is somewhat limited, and in some cases the revenue Mr. Sanders identifies doesn’t match the costs of his plans.

For example, he estimated Sunday night on “60 Minutes” that the price tag for his “Medicare for all” plan would be about $30 trillion over 10 years, but the revenue he identifies for it in the new outline totals about $17.5 trillion. It is possible that the gap could be filled by existing appropriations for Medicare and Medicaid, but Mr. Sanders did not mention those in his outline or in the Sunday interview...…

Ms. Warren released a comprehensive plan in November to pay for her own version of Medicare for all, and the resulting scrutiny of the details was a major factor in her campaign’s decline. Mr. Sanders largely avoided that level of scrutiny by not releasing such extensive details.

His announcement on Monday came nominally in response to a question about whether his plan for free college was equivalent to President Trump’s promise to build a border wall and make Mexico pay for it: a rallying cry for supporters, but with no realistic path to happening.

[Autumn]

15. Spam it to me all you want Goth. I have told you time and again, I don't read past your headers.

[Gothmog]

16. CNN laughed at sanders plan last night

Link to tweet

[Autumn]

17. A lot of people laugh at CNN so...

[LanternWaste]

20. Sanders knows where his medical records are as well.

Sometimes, reality doesn't push our little memes hard enough, so we have to do it ourselves, regardless of the petulance of character it so often advertises.

I thought I'd climb on board with you...

[Autumn]

21. Oh my. Now I feel bad.

Not.

[Hoyt]

6. It's OK. Sanders is an aspirational candidate. Does that mean he can't implement MFA,

assuming he manages to avoid a crushing defeat in GE.

[Cha]

8. KR!

[Gothmog]

18. CNN-Sanders' agenda: Its cost -- possibly $60 trillion -- would set a peacetime US record

Link to tweet

Sanders' plan, though all of its costs cannot be precisely quantified, would increase government spending as a share of the economy far more than the New Deal under President Franklin Roosevelt, the Great Society under Lyndon Johnson or the agenda proposed by any recent Democratic presidential nominee, including liberal George McGovern in 1972, according to a historical analysis shared with CNN by Larry Summers, the former chief White House economic adviser for Barack Obama and treasury secretary for Bill Clinton.

Sanders' plan would also increase the size of government far more than any modern Republican president, including Ronald Reagan, has sought to cut it, Summers' analysis concluded.

"On the spending side, ... this is far more radical than all previous presidencies, on either the right or the left," Summers said in an interview. "The Sanders spending increase is roughly 2.5 times the size of the New Deal and the estimated fiscal impact of George McGovern's campaign proposals. This is six times as large of a growth of government than any of the Ronald Reagan dismemberments. We are in a kind of new era of radical proposal."

Exact cost projections on all of Sanders' proposals aren't available, in part because he hasn't fully fleshed out some of the ideas he's embraced (such as universal pre-K and child care). But a wide variety of estimates put the likely cost of the single-payer health care plan he has endorsed around $30 trillion or more over the next decade. Depending on the estimates used, including projections from his own campaign, the other elements of the Sanders agenda -- ranging from his "Green New Deal" to the cancellation of all student debt to a guaranteed federal jobs program that has received almost no scrutiny -- could cost about as much, or even more than, the single-payer plan. That would potentially bring his 10-year total for new spending to around $60 trillion, or more.

[Gothmog]

19. Even With New Pay-Fors, Bernie's Agenda Still Has A $25 Trillion Hole

Link to tweet

Vermont Sen. Bernie Sanders has made some extraordinary promises in his campaign for president, including free health care, a federal jobs guarantee, universal forgiveness of all student debt, and radical expansions of nearly every government program from Social Security to housing subsidies. When asked at a CNN town hall last night how he would pay for this gargantuan expansion of government, Sen. Sanders presented moderator Chris Cuomo with a new document that Sanders claimed detailed how he would pay for his proposals. But don’t be fooled: these numbers still don’t add up, and Sanders should be pressed to explain his magic math at tonight’s debate.

The first problem is that the list of Sanders’ proposed spending increases is incomplete. Sanders has proposed costly plans for K-12 education, expanding disability insurance, paid family leave, and more that were not accounted for in the new document. He also grossly understates the cost of his Medicare for All plan by citing a flawed analysis that neglected to incorporate the costs of specific benefits Sanders proposes, such as universal coverage for long-term services and supports, and failed to account for how offering universal health-care benefits more generous than those offered by any other country on earth would increase utilization of health services.

Sanders and his surrogates regularly claim that critics are wrong to focus on how much Medicare for All increases government costs because it would reduce the total cost of health care. But independent analyses from the Urban Institute and Committee for a Responsible Federal Budget have concluded that even with the aggressive price controls he has proposed, Sanders’ Medicare-for-All framework would actually increase national health expenditures by up to $7 trillion. Sanders himself also admitted in a 60 minutes interview this weekend that his Medicare-for-All plan would likely cost around $30 trillion, yet the list of “options” Sanders has offered to pay for them (options which, it should be noted, he has never explicitly endorsed enacting together) would together cover less than 60 percent of that amount by the Sanders campaign’s own accounting.

In January, the Progressive Policy Institute published comprehensive cost estimates of the proposals offered by each of the leading candidates for president before the Iowa Caucus. After incorporating new proposals that Sanders has released since the publication of our analysis and minor methodological updates, PPI concludes that Sanders has now proposed over $53 trillion of new spending over the next 10 years – an amount that would roughly double the size of the federal government. Our estimate is, if anything, overly charitable to Sanders, as it accepts most of the Sanders campaign’s cost estimates outside of Medicare for All and assumes significant overlap in the costs of his proposed federal jobs guarantee and other spending proposals. Other analysts have estimated the total costs of Sanders’ proposals could be anywhere between $60 trillion and $100 trillion over 10 years. ,,,,

Sanders’ proposed pay-fors don’t even come close to covering these costs. The document Sanders published last night, along with others released earlier in his campaign, claim to collectively raise less than $43 trillion in new revenue – meaning that he’s at least $10 trillion short. But the revenue projections Sanders uses for his tax proposals are well outside the mainstream of what independent analysts at the Committee for a Responsible Federal Budget, Congressional Budget Office, Tax Policy Center, Penn Wharton Budget Model, and others have estimated. After reconciling Sanders’ latest list of pay-fors with these independent estimates, PPI concludes that even if Congress were to adopt every single revenue option Sanders has offered for consideration, it would fall almost $25 trillion short of his proposed spending increases over the next decade – leaving a gap nearly equal to the total value of all goods and services produced by the U.S. economy in one year.

[Gothmog]

22. Joe Biden on sanders not being honest about costs of programs

Link to tweet

[Iamaartist]

23. K&R Good Judgement.....😎

[Gothmog]

24. Sanders has yet to explain how he'll pay for half of his agenda

Link to tweet