If Hillary Clinton won the 2016 presidential election and fulfilled all her big-government promises on the campaign trail, it would cost taxpayers over $1.3 trillion.
Currently, the national debt of the United States is almost $19.4 trillion.
Hillary Clinton comes up $2.2 trillion short in paying for her policy agenda, despite hiking taxes by $1.3 trillion, according to a new analysis of the Democratic nominee’s campaign platform. The American Action Forum, a center-right policy institute, released a report Thursday finding Clinton’s domestic agenda would “have a dramatic effect on the federal budget.”
… “Based on these estimates, Secretary Clinton’s proposals would, on net and over a ten-year period (2017-2026), increase revenues by $1.3 trillion, increase outlays by $3.5 trillion, for a combined deficit effect of nearly $2.2 trillion over the next decade,” Gray wrote.
The report notes that Clinton’s proposals would also increase deficits to 5.7 percent of Gross Domestic Product, and the debt held by the public to 93.4 percent of GDP, “well above the current law projection of 85.6 percent.”
Hillary Clinton wants to give 12 weeks of paid family leave, free community college tuition, and universal preschool to everyone, and she wants you to pay for it. The financial burden of these programs would rest on the backs of working Americans, regardless of whether or not they benefit from them.
Bernie Sanders might not be on the 2016 ticket anymore, but his socialist policies are.