You won't believe the price tag for all that free stuff offered by Dem candidates at the debate
Any time you get a bunch of Democrats together in the same room, it is recommended that you grab hold of your wallet tightly and lock up the family silver. You also might want to hide your wife and daughters – just to be safe.
The Democratic presidential candidates who took the stage for their debate on Tuesday night tried to outdo one another in rushing to give away tax dollars on wild spending schemes. How much are we talking about? The Washington Times has some thoughts:
The five Democratic presidential candidates pushed proposals in their first debate that would cost trillions in new spending, from free college tuition to single-payer health care.
Sen. Bernard Sanders of Vermont is the biggest spender of the group, championing universal government-run health care, expanded Social Security and free tuition at public colleges in a platform that The Wall Street Journal estimated last month would cost $18 trillion over 10 years.
The “College for All Act” advocated by Mr. Sanders would cost $109.9 billion in its first year, according to the National Taxpayers Union.
Former Secretary of State Hillary Rodham Clinton is proposing a plan to make college more affordable that will cost taxpayers roughly $350 billion over 10 years, NTU said. Her campaign said it would be fully paid for by limiting tax breaks for certain high-income taxpayers.
The Republican National Committee said Mrs. Clinton proposed $515 billion in new domestic spending over 10 years in the debate Tuesday night, on initiatives ranging from energy to education.
One of the Republican candidates for president, Sen. Marco Rubio of Florida, called the Democrats’ event Tuesday night “a liberal versus liberal debate about who was going to give away the most free stuff.”
His criticism drew a rebuke from the Democratic National Committee spokeswoman Christina Freundlich, who said Mr. Rubio and former Florida Gov. Jeb Bush are interested in “dishing out breaks for the wealthiest and powerful corporations” while Democratic candidates are pushing initiatives to help the middle class.
All five Democratic presidential candidates support some form of paid family leave, which is typically funded by employee contributions. The estimated cost for Mr. Sanders‘ proposed paid family and medical leave fund is $319 billion over 10 years.
There are related costs to businesses for paid leave; some companies say that providing paid family leave cuts into their profits, or results in price increases or curtails hiring.
Compared to Senator Sanders, Hillary Clinton is a spendthrift:
The NTU has calculated that Mr. Sanders‘ agenda totals $1 trillion in annual spending increases, and that in the past six years he has supported spending at levels 17 times higher than that of the average Senate Democrat.
It is depressing to contemplate any of these Democratic candidates as president. They continue to insist on running toward the gasoline dump with a lit match. But something's got to give, and soon. The mountain of debt in the industrialized world coupled with the refugee crisis in Europe threatens everything our parents, and their parents, and all the parents before them have built.
Surveys show that the American people believe that the size of government is one of the top issues facing the country. Yet Democrats insist on radically increasing its size and scope. You would think they would pay at the ballot box for their profligacy, but the allure of government goodies is too much to overcome.