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Study: Democrats' plans total $40 trillion, proposed tax hikes $4 trillion


Last updated 10/25/2019 at 11:53am

Mark Tapscott

The Epoch Times

Democratic presidential candidates’ spending programs such as Medicare for All and free college tuition would cost, on average, $40 trillion over 10 years, but their "tax the rich" plans will only raise about $4 trillion, according to a new study.

The list of new spending ideas put forth by the top Democratic presidential seekers runs the gamut from the Green New Deal and more generous Social Security benefits to universal child care and student debt cancellation.

Total cost estimates for the list from each candidate average $40 trillion, according to Manhatt...

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