COMMENTARY_ Democratic socialism’s $50 trillion price tag ( Peter Navarro - THE WASHINGTON TIMES )

THE WASHINGTON TIMES

Democratic socialism’s $50 trillion price tag

A hole big enough to bury the American economy

Budget cost of Democratic Socialists of America controlling Congress illustration by Linas Garsys / The Washington Times more >

COMMENTARY 

By Peter Navarro - Monday, October 5, 2026 

OPINION: 

The White House Council of Economic Advisers has weighed and measured the Democratic Socialists of America’s agenda and found it wanting, to the tune of a $52.8 trillion federal fiscal burden over 10 years, or about $49 trillion after crediting a billionaire wealth tax. 

Just how big is a $49 trillion DSA budget hole? Deep enough to bury the American economy. 

Under the Congressional Budget Office’s baseline, debt held by the public is already on track to reach 120% of gross domestic product by 2036. Borrow that $49 trillion to cover the DSA deficit, and that ratio more than doubles, to 254%. Interest payments alone could exceed projected federal revenue.

...

READ MORE: https://www.washingtontimes.com/news/2026/oct/5/democratic-socialisms-50-trillion-price-tag/

***

Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog"
Xin được lắng nghe ý kiến chia sẻ của Quý Anh Chị trực tiếp tại Diễn Đàn Paltalk: 1Latdo Tapdoan Vietgian CSVN Phanquoc Bannuoc.
Kính Chúc Sức Khỏe Quý Anh Chị.

conbenho
Tiểu Muội quantu
Nguyễn Hoài Trang
06102026
__________________________
Cộng sản Việt Nam là TỘI ÁC
Bao che, dung dưỡng TỘI ÁC là ĐỒNG LÕA với TỘI ÁC