White House Council Releases Eye-Popping Cost Estimate for DSA Platform as Socialism Becomes 2026 Campaign Issue
The report says Medicare for All would drive most of the cost, with student debt cancellation and a 32-hour workweek adding billions more.
- On Wednesday, the White House Council of Economic Advisers released a report estimating policies advanced by the Democratic Socialists of America would add about $49 trillion to federal deficits over the next decade, or roughly $355,000 per American household.
- The analysis evaluated seven items from the group's "Workers Deserve More" program, with Medicare for All and student debt cancellation accounting for most of the $52.8 trillion in gross costs before wealth tax revenue adjustments.
- A mandated 32-hour workweek would cost between 4.2 million to 6.9 million jobs, while rent caps at 1.875% annually would cut the rental stock by 3.3 million units and destroy $546 billion in economic value.
- The administration warned that prices could rise 130% to 160% over the decade, with federal debt reaching 254% of GDP by 2036 and mortgage rates hitting levels not seen in decades.
- Campaigning in Denton, Texas, on Thursday, President Donald Trump used the findings to contrast Democratic policies with his administration's record, citing more than 1 million jobs added in under two years and manufacturing wage gains.
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DSA Policies Would Cost $350K Per Household, Shorten Life Expectancy, Report Finds
It would cost the average U.S. household more than $350,000 over the next 10 years – and lower the life expectancy of citizens – if the policies of the Democratic Socialists of America (DSA) are adopted, a study by the Council of Economic Advisers released Friday finds.
White House: DSA agenda would add $49 trillion to deficits, $355,000 per household
WASHINGTON — Policies advanced by the Democratic Socialists of America would add about $49 trillion to federal deficits over the next decade, or roughly $355,000 per American household, the White House Council of Economic Advisers said in a report released Wednesday. The report scores seven items from the group’s 2026 “Workers Deserve More” program and… The post White House: DSA agenda would add $49 trillion to deficits, $355,000 per household a…
Report: Americans Will Pay $350k for Socialist Policies
On Friday, the White House Council of Economic Advisers released a report revealing that each American household will spend at least an extra $350,000 over the next 10 years to pay for the $49 trillion that Democratic Socialists of America’s top policies would require if adopted. The “Real Cost of Socialism in America” report outlines...
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