Warren Has Proposed or Backed Plans Totaling Estimated $129 Trillion in New Government Spending

“Her ideas would constitute a crony capitalist bonanza. It will be sold as “socialism,” implying that “the people” will benefit. But this sort of spending will warp the economy even more and create all sorts of opportunities for people and businesses to “work the system.” (To the detriment of the real economy.)”

(From The Washington Free Beacon)

Sen. Elizabeth Warren (D., Mass.) has backed or proposed plans during her 2020 presidential campaign that total up to $129 trillion in spending over the next 10 years, a Washington Free Beacon analysis shows.

Along with backing the Green New Deal ($94 trillion) and Medicare for All ($32.6 trillion), which total $126.6 trillion in estimated government spending over the next decade according to various studies, three of Warren’s major proposals alone cost $2.365 trillion: opioids ($100 billion), canceling student debt and offering free public college ($1.25 to $1.565 trillion), and universal child care ($700 billion).