Trump Says Democrats Would Make US a 'Third World Country'
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 the majority of the $52.8 trillion in gross costs before wealth tax revenue.
- A mandated 32-hour workweek would cost between 4.2 million to 6.9 million jobs, while rent caps 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 report to contrast Democratic policies with his administration's record, citing more than 1 million jobs added in under two years.
24 Articles
24 Articles
Report: DSA Agenda Will Impose an Economic Cost of $49 Trillion Over the Next Decade
If the Democratic Socialists of America agenda is enacted it will impose an economic cost of $49 trillion over the next decade, according to a new report from the Council of Economic Advisors. The Oct. 1 report is titled “The Real Cost of Socialism in America.” Key findings: -If the DSA agenda is enacted, households […]
SOCIALISM PRICE TAG: White House Pegs DSA Agenda at $49 Trillion
LAS VEGAS, Nev. — A new White House economic analysis is putting a staggering price tag on the Democratic Socialists of America’s national platform, giving Republicans fresh ammunition against Nevada Democrat Reps. Dina Titus, Susie Lee and Steven Horsford ahead of the midterms. The Council of Economic Advisers examined eight
DATA: DSA Agenda Would Cost U.S. Taxpayers TRILLIONS.
The Democratic Socialists of America (DSA), the far-left organization currently taking over the Democrat Party’s ballot line, has made many promises, from Medicare for all to a 32-hour workweek, Universal Rent Control, and a Green New Deal. However, these promises come with a price tag, outlined in the new The Real Cost of Socialism in […]
White House Puts $49 Trillion Price Tag on DSA Agenda, $355K Per Household
A new White House report (see below) scores the Democratic Socialists of America’s flagship agenda at a net fiscal burden of roughly $49 trillion over ten years, about $355,000 per American household, and the price tag lands in the middle of California races where DSA-backed candidates are already in elected office or on the ballot. The Council of Economic Advisers’ October report, The Real Cost of Socialism in America, examines eight pillars dr…
NEWS HEADLINES: WH Report: DSA policies would cost America $355K per household over 10 years – One America News Network
(Background) The White House is seen on September 29, 2026, in Washington, D.C. (Photo by Kevin Dietsch/Getty Images) / (R-Top) U.S. Rep. Alexandria Ocasio-Cortez (D-NY) arrives before a ceremony at the National 9/11 Memorial & Museum on September 11, 2026, in New York City. (Photo by Adam Gray – Pool/Getty Images) / (L-Bottom) New York City Mayor Zohran Mamdani looks on after receiving a flu shot at the Fort Greene Immunization Clinic on Octobe…
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