Sunday, November 8, 2026

"Cato estimates DSA agenda could cost up to $212 trillion"

As I've noted previously:

Don't look at me, I don't have that kind of money. 

From Financial World, September 19:

A new analysis from the libertarian Cato Institute estimates that the Democratic Socialists of America’s policy platform could require between $71 trillion and $212 trillion in additional federal spending over a decade. The unusually wide range is itself the central finding: expansive promises without detailed program designs can produce fiscal estimates that depend heavily on assumptions about eligibility, benefits and implementation. 

Analyst Adam Michel summarized his critique bluntly: “DSA promises a world of plenty, paid for by somebody else. Simple math says otherwise.” He described the platform as “thin on details,” meaning the figures should be read as an ideological think tank’s scenario analysis rather than an official government score.

Large programs drive a large range 
Universal health care accounts for an estimated $40 trillion to $70 trillion, while a federal jobs guarantee could reach $60 trillion. At the top of the range, the analysis says government spending would equal 92% of gross domestic product....

....MUCH MORE 

Here's Cato, August 11:

Who Will Pay for Democratic Socialism’s $200 Trillion Cost?