Wednesday, January 29, 2020

Presidential Candidates Promise Freebies for Everyone

All wanted to give away trillions-or more accurately, wanted government to tax you and spend your money on the candidates' schemes.

My new video ranks the current leading candidates by how much of your money they promise to spend.

Added to his previous campaign promises, he'd increase federal spending by $157 billion per year.

Biden would spend $170 billion per year, Buttigieg $150 billion to $200 billion, and Warren $300 billion.

Then there's spending that doesn't neatly fit into major categories, like Biden's plans for new foreign aid for Central America, Sanders' high-speed internet, Buttigieg's expanding national service programs like the Peace Corps, and Warren's plan to force government to buy only American-made products.

Donald Trump once talked about "Cutting waste," but government spending rose more than half a trillion dollars during his first three years.

Now Trump wants $267 billion in new spending for things like infrastructure and "Access to high-quality, affordable childcare."

https://reason.com/2020/01/29/presidential-candidates-promise-freebies-for-everyone/

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