If Democrat Socialist Policies Were Adopted: 10-Year Cost Could Hit $350,000 per Household, White House Says

Jacki Thrapp : Oct 2, 2026
The Epoch Times

[TheEpochTimes.com] American taxpayers would face a net fiscal burden of over $350,000 per household in the next decade if the Democratic Socialists of America's top policies were adopted, according to a report released Oct. 1 by President Donald Trump's Council of Economic Advisers. The report predicted a net fiscal burden of more than $49 trillion from 2027 to 2036—larger than the national debt, which hit a milestone of $40 trillion in August. The report added up the presumed costs for Democratic Socialists of America's agenda items such as loosening border restrictions, handing out amnesty to all illegal immigrants in the country, abolishing the police and US Immigration and Customs Enforcement (ICE) officers, eliminating prisons, providing government-run healthcare for everyone, and canceling all student debt... Subscribe for free to Breaking Christian News here Click Here to read. (Screengrab image: via YouTube)