Warren Has Proposed or Backed Plans Totaling Estimated $129 Trillion in Government Spending
Posted By David Rutz On May 9, 2019 @ 5:00 am
Sen. Elizabeth Warren (D., Mass.) has backed or proposed plans during her 2020 presidential campaign that total up to $129 trillion in spending over the next 10 years, a Washington Free Beacon analysis shows.
Along with backing the Green New Deal ($94 trillion) and Medicare for All ($32.6 trillion), which total an estimated $126.6 trillion in estimated government spending over the next decade according to various studies, three of Warren's major proposals alone cost $2.365 trillion: opioids ($100 billion), canceling student debt and offering free public college ($1.25 to $1.565 trillion), and universal child care ($700 billion).
Warren has won praise on the left for saying she has "got a plan" for various issues, and she has proposed an "ultra-millionaire," 2 percent tax on Americans worth $50 million or more—it rises to 3 percent on Americans worth at least $1 billion—to pay for many of her projects, claiming it will raise about $2.75 trillion over the next decade.
URL to article:
https://freebeacon.com/politics/warren-has-proposed-or-backed-plans-totaling-estimated-129-trillion-in-government-spending/