Wednesday, April 17, 2019

Bernie Sanders' plans will cost $20G per taxpayer, blow hole in budget, nonpartisan group's president says

Maya MacGuineas, the president of independent and bipartisan Committee for a Responsible Federal Budget, warned on "Fox and Friends" Tuesday morning that Bernie Sanders' proposed policies could cost $20,000 per taxpayer.

"If you look at healthcare, free tuition, family leave, child care - those proposals will all have a price tag of over $20,000 per taxpayer," MacGuineas said.

Sanders, the leading 2020 candidate in the crowded Democratic field, sat down at a Fox News town hall in Bethlehem, Pa., on Monday evening to make a pitch for his ambitions transformation of the economy, with universal healthcare at its core.

BERNIE SANDERS, AT COMBATIVE FOX NEWS TOWN HALL, MAKES NO APOLOGIES FOR MAKING MILLIONS. But MacGuineas cautioned that Sanders hasn't yet come up with a way to fully fund the proposals and will only significantly increase the deficit and the expense of the taxpayer.

BERNIE SANDERS TOWN HALL'S MOST BUZZWORTHY MOMENTS, FROM TAXES TO ABORTION. MacGuineas said that her organization was "Incredibly concerned" after analyzing Sanders' 2016 proposals as they found "The huge gap between the very, very expensive price tag and the kind of pay-fors that he had put out there." The research suggested Sanders' 2016 plan was only 45% paid for.

Not much has changed with his 2020 campaign, MacGuineas said, though his current revealed proposals are more detailed and offer a better understanding of how Sanders hopes to fund the programs.

"Still, it's going to fall short and the numbers aren't detailed enough to know. My guess is we are still talking about a 10 trillion-dollar hole."

https://www.foxnews.com/politics/bernie-sanders-plan-cost-trillions

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