Bernie Has a Lot of Ideas...But How Does He Plan To Pay For Them?

Democratic Presidential Candidate Sen. Bernie Sanders Campaigns In Texas

Bernie Sanders is full of.....ideas.

He wants to cancel student debt, eliminate medical debt, expand social security and wants to transform our energy system away from fossil fuels with his Green New Deal.

And then there are his 'For All' ideas, like:

  • College for All - This would make public colleges, universities and trade schools tuition-free. Cost? (combined with canceling student debt) $2.2 trillion.
  • Housing for All - This would guarantee housing a s a human right and "eliminate homelessness." Cost? $2.5 trillion over the next 10 years.
  • Childcare for All - Would guarantee childcare and pre-school to every family in America who needs it. Cost? $1.5 trillion.
  • Medicare for All - Would guarantee health care for everyone. Cost? $34 trillion over 10 years.

So, how does ole' Bernie plan to pay for all of these ideas?

Well, his website details just how he plans to pay for all of it. Here are some of the highlights:

  • Eliminating Medical Debt - An income inequality tax would be placed on large corporations that pay the CEO at least 50 times more than the average worker.
  • Expanding Social Security - The wealthiest 1.8% of Americans (Those with incomes over $250,000 a year) would pay the same rate into Social Security as working families
  • College for All / Canceling Student Debt - A 'modest' tax on Wall Street speculation would raise $2.4 trillion over 10 years
  • Housing for All - The top 1/10th of 1% (anyone with a net worth of $32 million or more) would pay a 'wealth tax'.
  • Childcare for All - Once again, the top 1/10th of 1% would pay a 'wealth tax' to fund this.

To read further into the details of how Bernie plans to pay for all his big ideas, check out his website.

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