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Bernie Sanders just slammed a report that claimed his proposals would cost a monstrous $18 trillion
Business Insider ^ | 09/19/2015 | Brett LoGiurato

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 ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: berniesanders; sanders; socialism; welfare
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1 posted on 09/19/2015 10:42:37 AM PDT by SeekAndFind
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To: SeekAndFind

Government programs ALWAYS cost more than originally estimated. A lot more. And always make matters worse.


2 posted on 09/19/2015 10:44:10 AM PDT by all the best
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To: SeekAndFind

Yep. It’s time to go after Bernie and his “FREE” programs.


3 posted on 09/19/2015 10:45:20 AM PDT by BlackFemaleArmyColonel (JESUS CHRIST IS MY LORD AND SAVIOUR!)
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To: SeekAndFind

Liberal bureaucracy is always “free” because they force republicans to pay for it — so that doesn’t count.


4 posted on 09/19/2015 10:47:46 AM PDT by The Ghost of FReepers Past (Woe unto them that call evil good, and good evil; that put darkness for light..... Isaiah 5:20)
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To: SeekAndFind
” American people in that article that that means eliminating the costs that you incur with private health insurance.”

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....

5 posted on 09/19/2015 10:48:17 AM PDT by martinidon
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To: SeekAndFind

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.


6 posted on 09/19/2015 10:48:18 AM PDT by joshua c (Please dont feed the liberals)
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To: SeekAndFind

Medicare for all?

Medicare came in at 9 times original cost estimates.

Bye bye USA


7 posted on 09/19/2015 10:50:05 AM PDT by joshua c (Please dont feed the liberals)
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To: joshua c

But did you use common core math?


8 posted on 09/19/2015 10:50:37 AM PDT by prisoner6 (Unmutual and Disharmonious)
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To: martinidon

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


9 posted on 09/19/2015 10:50:57 AM PDT by eyeamok
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To: SeekAndFind

” and they forgot to tell the American people “ B.S. ...Bernie Sanders

the ubiquitous AND.....neck and neck with the ubiquitous but......


10 posted on 09/19/2015 10:51:59 AM PDT by MeshugeMikey ("Never, Never, Never, Give Up," Winston Churchill ><>)
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To: SeekAndFind

“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.”


11 posted on 09/19/2015 10:52:06 AM PDT by dp0622
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To: SeekAndFind
Since the socialists believe in Keynesian economics spending money only helps the economy.

Our problem is proving Keynesian economics is idiocy to those that doesn't listen.

12 posted on 09/19/2015 10:52:46 AM PDT by Steve Van Doorn (*in my best Eric Cartman voice* 'I love you, guys')
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To: SeekAndFind

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!


13 posted on 09/19/2015 10:54:11 AM PDT by Norm Lenhart ("The road is long...and I must poop." - Volarian Lionheart/Hero of the people)
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To: SeekAndFind
Every time a see a Bernie Sanders sticker on an expensive imported car, I want to grab the driver and say: "You think under a Sanders regime you are going to be allowed to keep a car like that??? You'll be "donating" it to the government for redistribution to the poor )i.e., reassignment to a loyal functionary), while you get to drive the community Yugo to the organic vegetable coop on alternate Thursdays!" :)
14 posted on 09/19/2015 10:54:37 AM PDT by Mr. Jeeves (Heteropatriarchal Capitalist)
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To: SeekAndFind

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.


15 posted on 09/19/2015 10:58:57 AM PDT by Bringbackthedraft
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To: SeekAndFind

Can't even defend a podium.

16 posted on 09/19/2015 10:59:41 AM PDT by BookmanTheJanitor
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To: SeekAndFind
LOL, Brett Loguiato, Politics editor at Business Insider. Former Sports editor of the Daily Orange, Syracuse University, 2007-2011.

I swear, why do we post crap from this fraud website? Every "editor" there was in college less than 5 years ago.

17 posted on 09/19/2015 11:06:44 AM PDT by Trailerpark Badass (There should be a whole lot more going on than throwing bleach, said one woman.)
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To: prisoner6

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.


18 posted on 09/19/2015 11:08:35 AM PDT by joshua c (Please dont feed the liberals)
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To: BlackFemaleArmyCaptain

Hey, it’s only OPM, stolen through taxes or borrowed.


19 posted on 09/19/2015 11:10:58 AM PDT by Paladin2 (Ive given up on aphostrophys and spell chek on my current devices...one uses Brit spel now.)
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To: SeekAndFind

Sanders like all the other sewer rat socialists thinks he can just print money guess he didn’t notice all of Obama’s failures.


20 posted on 09/19/2015 11:13:55 AM PDT by Vaduz (women and children to be impacted the most.)
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