NEWSMAX
White House: DSA Agenda Would Cost $49 Trillion
VIDEO
By Newsmax Wires | Thursday, 01 October 2026 07:21 PM EDT
The White House Council of Economic Advisers said Thursday that implementing major policies backed by the Democratic Socialists of America would impose a nearly $49 trillion net fiscal burden over the next decade, as Republicans seek to make the group's growing influence an issue in the midterm elections.
The 92-page report, titled "The Real Cost of Socialism in America," examined eight elements of the DSA's "Workers Deserve More" agenda, including Medicare for all, student debt cancellation and free college, immigration policies, universal rent control, a Green New Deal, a 32-hour workweek, a wealth tax, and changes to policing and incarceration.
Seven of those policies could be scored against the federal budget and would carry a gross cost of $52.84 trillion from 2027 through 2036, according to the report.
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READ MORE: https://www.newsmax.com/newsfront/council-of-economic-advisers-report-socialism/2026/10/01/id/1271424/
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