- Tue Dec 04, 2018 4:48 pm
#111087
Ocasio-Cortez Can’t Answer How She Will Pay for $40 Trillion in Government Programs
Alexandria Ocasio-Cortez was unable to answer on Sunday on how she will pay for her progressive agenda, which some think tanks have estimated would cost $40 trillion.
"Various new programs including Medicare for all, housing is a federal right, federal jobs guaranteed, tuition free public college, canceling all student loan debt. According to nonpartisan and left leaning, tax policy center, the overall price tag is more than $40 trillion in the next decade," CNN "State of the Union" host Jake Tapper said. "You recently said in an interview increasing taxes on the very wealthy, [an] increased corporate tax rate, would make $2 trillion over the next 10 years. Where is the other $38 trillion going to come from?"
Ocasio-Cortez responded by stating Medicare for all would end up saving the country money.
"One of the things we need to realize when we look at something like Medicare for all, Medicare for all would save the American people a very large amount of money," the democratic socialist said. "The United Kingdom has a form of single-payer health care, [as well as] Canada, France, Germany. What we need to realize is that these investments are better, and they are good for our future."
https://freebeacon.com/politics/ocasio- ... -programs/" onclick="window.open(this.href);return false;
Welcome to Socialism where everything is FREE.... right elk. :lol: :lol: :lol: :lol: :lol:
Vox, an increasingly popular liberal media outlet, came out with a damning report on the cost of Democratic socialism.
Bernie Sanders and his colleagues will have a harder time passing this off as a deliberate misrepresentation of their progressive agenda. (Vox)
Democratic socialism is having a moment. Sen. Bernie Sanders mobilized millions of voters during the 2016 campaign, nominally as a Democrat but with many self-professed socialists in his bandwagon. And Alexandria Ocasio-Cortez will likely bring her own brand of socialism to Congress next year, having knocked off New York Rep. Joe Crowley in a primary.
However, the democratic socialist agenda will face resistance not only from other lawmakers but from basic math. Their promises, which include free college, a single-payer health care system, guaranteed jobs, and more, would require astonishingly high expenditures that would cause the federal deficit to skyrocket. Once the costs become clear, most mainstream politicians and voters will surely balk. Making big promises is one thing; paying for them is another.
http://americanactionnews.com/articles/ ... -socialism" onclick="window.open(this.href);return false;
Socialism is FREE FREE FREE right elk :lol: :lol: :lol: :lol:
Alexandria Ocasio-Cortez was unable to answer on Sunday on how she will pay for her progressive agenda, which some think tanks have estimated would cost $40 trillion.
"Various new programs including Medicare for all, housing is a federal right, federal jobs guaranteed, tuition free public college, canceling all student loan debt. According to nonpartisan and left leaning, tax policy center, the overall price tag is more than $40 trillion in the next decade," CNN "State of the Union" host Jake Tapper said. "You recently said in an interview increasing taxes on the very wealthy, [an] increased corporate tax rate, would make $2 trillion over the next 10 years. Where is the other $38 trillion going to come from?"
Ocasio-Cortez responded by stating Medicare for all would end up saving the country money.
"One of the things we need to realize when we look at something like Medicare for all, Medicare for all would save the American people a very large amount of money," the democratic socialist said. "The United Kingdom has a form of single-payer health care, [as well as] Canada, France, Germany. What we need to realize is that these investments are better, and they are good for our future."
https://freebeacon.com/politics/ocasio- ... -programs/" onclick="window.open(this.href);return false;
Welcome to Socialism where everything is FREE.... right elk. :lol: :lol: :lol: :lol: :lol:
Vox, an increasingly popular liberal media outlet, came out with a damning report on the cost of Democratic socialism.
Bernie Sanders and his colleagues will have a harder time passing this off as a deliberate misrepresentation of their progressive agenda. (Vox)
Democratic socialism is having a moment. Sen. Bernie Sanders mobilized millions of voters during the 2016 campaign, nominally as a Democrat but with many self-professed socialists in his bandwagon. And Alexandria Ocasio-Cortez will likely bring her own brand of socialism to Congress next year, having knocked off New York Rep. Joe Crowley in a primary.
However, the democratic socialist agenda will face resistance not only from other lawmakers but from basic math. Their promises, which include free college, a single-payer health care system, guaranteed jobs, and more, would require astonishingly high expenditures that would cause the federal deficit to skyrocket. Once the costs become clear, most mainstream politicians and voters will surely balk. Making big promises is one thing; paying for them is another.
http://americanactionnews.com/articles/ ... -socialism" onclick="window.open(this.href);return false;
Socialism is FREE FREE FREE right elk :lol: :lol: :lol: :lol:
- By Clownkicker