Posted on 09/19/2015 10:42:36 AM PDT by SeekAndFind
Sen. Bernie Sanders (I-Vermont) is pushing back on the eye-popping estimated price tag of his progressive wish list of proposals he has offered on the campaign trail.
The Wall Street Journal reported in a front-page story on Tuesday that Sanders' proposals would total around $18 trillion over 10 years, which the publication said would amount to the "largest peacetime expansion of government in modern American history."
That would include an estimated $15 trillion over a decade for a revamping of the federal healthcare system to a government-run, "Medicare for all" single-payer approach.
In an appearance on MSNBC Tuesday, Sanders disputed The Journal's total. He argued that the paper did not take into account the spending reductions that would come with the enactment of a single-payer-type healthcare plan.
"That is not the reality. We will be responding to The Wall Street Journal on that," Sanders told MSNBC's Andrea Mitchell of the overall estimate.
"I think most of the expense that they put in there, the expenditures have to do with the single-payer healthcare system," he continued. "They significantly exaggerated the cost of that, and they forgot to tell the American people in that article that that means eliminating the costs that you incur with private health insurance."
(Excerpt) Read more at businessinsider.com ...
Government programs ALWAYS cost more than originally estimated. A lot more. And always make matters worse.
Yep. It’s time to go after Bernie and his “FREE” programs.
Liberal bureaucracy is always “free” because they force republicans to pay for it — so that doesn’t count.
Yes, no more health care premiums! I did not realize it was so easy to just get the government to pick up the tab; they are loaded anyway....
Yeah, Bernie, because most government programs come in under budget.
I ran an analysis with very rosy assumptions and his programs still add $700 billion to the deficit.
I weep for our future generations.
Medicare for all?
Medicare came in at 9 times original cost estimates.
Bye bye USA
But did you use common core math?
I did not realize it was so easy to just get the government to pick up the tab
Worked in Venezuela, why won’t it work here? /s
” and they forgot to tell the American people “ B.S. ...Bernie Sanders
the ubiquitous AND.....neck and neck with the ubiquitous but......
“They significantly exaggerated the cost of that, and they forgot to tell the American people in that article that that means eliminating the costs that you incur with private health insurance.”...
Well yeah, buying houses for everyone would eliminate the cost of buying houses. But would still cause the debt to surge.
Not sure what his point is. “you’ll pay nothing for health insurance as the deficit goes to 30 trillion.”
Our problem is proving Keynesian economics is idiocy to those that doesn't listen.
Well we all know that that report is crap. History is filled with examples of socialist dictators shrinking government, cutting costs, lowering taxes and expanding human rights.
Man these mushrooms are good!
LOL. Discussed Bernie with a classmate of mine. We were in High School with him. To quote my classmate; “Bernie as President? A 74 year old Jewish guy from Brooklyn? Fat chance of that ever happening.” My classmate is also Jewish. Between Bernie and Trump, I have doubts if either will make it to the finish line. Its starting to warm up on the other side, so its at least getting to be more entertaining.
Can't even defend a podium.
I swear, why do we post crap from this fraud website? Every "editor" there was in college less than 5 years ago.
The price tag was absurd on its face but I did an analysis because the liberal response to the cost was they would cut military spending and raise taxes on the 1%.
If they cut military spending by 20%(disastrous) and double the tax burden on the 1%(which they will never collect), there will still be an additional 700 billion added to the deficit. I didn’t even consider that the programs would be over budget, which we know will happen.
Bernie’s wet dream 1.800T
Less:
Defense 20% cut .012T
Tax on 1%ers 1.100T
Additional deficit .688T
Which is an absolute floor, it will definitely be higher.
Plus the loss in jobs and their revenue.
1%ers write their tax checks out of their brokerage accounts not the house account for the trophy wife.
Hey, it’s only OPM, stolen through taxes or borrowed.
Sanders like all the other sewer rat socialists thinks he can just print money guess he didn’t notice all of Obama’s failures.
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