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Analysis: Sanders’s ‘Great Society’ could add $15 trillion to the debt
Fiscal Times ^ | April 8, 2016 | Eric Pianin

Posted on 04/08/2016 9:42:25 AM PDT by LucyT

If Sanders had his way, the government would provide free college tuition to all students at state-run colleges and universities. Americans would be entitled to medical and family leave from work, courtesy of the federal government. Rather than trimming benefits of the Social Security system, Sanders would engineer an historic expansion of the program for retirees and the disabled.

That’s just for starters. Sanders’ most ambitious and costly proposal would enact a European-style single-payer national health insurance program to guarantee every American health care coverage. He would launch a major new infrastructure program to repair and replace the nation’s aging highways, bridges, airports and water projects. And he would provide universal childcare and pre-school programs.

Sanders would increase government spending other than for interest on the debt by 38 percent over the next decade..."

.................

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; Politics/Elections
KEYWORDS: highertaxes
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To: LucyT

21 posted on 04/08/2016 10:09:50 AM PDT by Sopater (Is it not lawful for me to do what I will with mine own? - Matthew 20:15a)
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To: LucyT; All
Thank you for referencing that article LucyT. Please bear in mind that the following critique is directed at the article and not at you.

Once again, it’s time for "Federal Government Annual Budget 101,” the constitutionally limited power federal government's annual budget as the Founding States had intended for the budget to be understood.

Patriots, noting that low-information Senator Sanders and likewise low-information former Senator Hillary Clinton are excellent examples why the states should have never ratified the ill-conceived 17th Amendment, please consider the following.

From a related thread …

$765,645,000,000: FY2016 Taxes Set Record Through December; $5,107 Per Worker; Feds Still Run…

Four times the amount shown in thread title indicates an over $3 trillion annual federal budget. And we will probably never hear misguided Bernie Sanders or Hillary Clinton mention the following major constitutional problem with an annual federal government budget that big.

Note that a previous generation of state sovereignty-respecting justices had clarified that Congress is prohibited from appropriating taxes in the name of state power issues, essentially any issue that Congress cannot justify under its constitutional Article I, Section 8-limited powers. This is evidenced by the excerpt below.

"Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.

In fact, based on the Court’s statement above, here is a rough estimate of how much taxpayers should be paying Congress annually to perform its Section 8-limited power duties.

Given that the plurality of clauses in Section 8 deal with defense, and given that the Department of Defense budget for 2015 was $500+ billion, I will generously round up the $500+ billion figure to $1 trillion (but probably much less) as the annual price tag of the federal government to the taxpayers.

In other words, the corrupt media, including Obama guard dog Fx Noise, should not be reporting multi-trillion dollar annual federal budgets without mentioning the Supreme Court’s clarification of Congress’s limited power to appropriate taxes in budget discussions.

Remember in November!

When patriots elect Trump, or whatever conservative they elect, they need to also elect a new, state sovereignty-respecting Congress that will work within its Section 8-limited powers to support the new president, including putting a stop to unconstitutional federal taxes.

Also consider that such a Congress would probably be willing to fire state sovereignty-ignoring activist justices.

22 posted on 04/08/2016 10:13:32 AM PDT by Amendment10
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To: BenLurkin

The money Bernie intends to tax won’t wind up in the government till. It’s going to go underground and hide in the shadow economy that exists in all totalitarian socialist regimes. You can fool people but you can’t fool money.


23 posted on 04/08/2016 10:14:47 AM PDT by henkster
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To: All

Seven Seals
Four Horsemen

How long?


24 posted on 04/08/2016 10:15:56 AM PDT by TheTimeOfMan (Three Percenter - Cruz/West)
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To: LucyT

>Not since Democrat Lyndon B. Johnson has any candidate for president wanted to do as much to expand the size and scope of the federal government as Sen. Bernie Sanders of Vermont

He’s off by ~50 yrs.

Even ‘good ol’ Teddy did more to get the ball rolling, after Lincoln of course.

But between Wilson & FDR....


25 posted on 04/08/2016 10:36:52 AM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: Nextrush

Its a ‘bipartisan’ national debt we have (18 trillion and counting.

Sadly we broke that barrier earlier this year. It’s now 19 and counting.


26 posted on 04/08/2016 10:41:17 AM PDT by sanjuanbob
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To: Buckeye McFrog

It’s never getting paid back, so what’s another 15 trillion....


27 posted on 04/08/2016 10:49:12 AM PDT by Kozak (ALLAH AKBAR = HEIL HITLER)
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To: Amendment10

>”Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.

1824? Come on man. It’s all ruled by decree, personal opinion and candy-dreams.

Wickard stuck the fork in what was once the Republic. Now? Laws are re-written by SCoTUS and plain verbiage/English it ignored or suggested it’s *not* REALLY what is written.

Hell, Congress could have done its JOB and nixed the option from the Courts from even looking at O’Care, RvW, etc.; but that would mean THEM coming under scrutiny and not being able to use the ‘Elect me and I’ll do blah blah’.


28 posted on 04/08/2016 10:56:51 AM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: LucyT

Sanders would bring about total collapse. Debt would be moot at that point.


29 posted on 04/08/2016 11:13:46 AM PDT by all the best
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To: i_robot73; All

Thanks for the insights ! /sarc


30 posted on 04/08/2016 11:50:54 AM PDT by Amendment10
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To: Amendment10

Come now, you should *know* better; preaching to (most) the choir here.

Reams upon reams of ‘gun control’ precedent, but they will walk to the Moon (if possible) to NOT touch upon ‘shall not be infringed’ or any other part of the Constitution.

Hell, it was Bush who “I’ve abandoned Free Market principles to save the Free Market system”. Say WHA!?

10th is as much dead as the rest of the Republic. “If you can keep it” ended MOONS ago.


31 posted on 04/08/2016 12:09:09 PM PDT by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: Opinionated Blowhard

Obama has added 60% to the national debt since he took office, Bernie’s plans would double it from there.


32 posted on 04/08/2016 12:12:46 PM PDT by HamiltonJay
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To: sanjuanbob

I’ll say thanks for the update, but the insanity of it all and the only sense it makes is that debt financing payments keep the ‘creditors’ happy at this point and they somehow control our nation’s political process.

Western nations in general like the United States have deep debts and no intention of containing them as spending goes out of control to the point now where maintaining the debt service requires cuts in social programs and tax increases.

All the emotional political issues brought up in the media distract from this big issue.

While noise is made about everything else by politicians, talk show hosts etc. the debt train keeps running towards the cliff.


33 posted on 04/08/2016 2:17:51 PM PDT by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS:REMEMBER PASTOR NIEMOLLER)
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