Bernie Sanders to Fund ‘Major’ Multitrillion-Dollar Plans with Military Cuts, Taxes, Lawsuits

See the source image

By HANNAH BLEAU

Sen. Bernie Sanders (I-VT) on Monday released a fact sheet explaining how he will fund his “major” multitrillion-dollar campaign proposals — the Green New Deal, free college, housing for all, etc. — and revealed that he will pay for them through a combination of cutting military spending, creating new taxes, and enacting penalties on the fossil fuel industry in the form of lawsuits.

While Sanders has released a suite of lofty plans with the promise to improve the lives of middle class and low income Americans, critics have repeatedly asked the socialist senator to explain how his administration will pay for his grandiose proposals.

His campaign released a fact sheet on Monday listing each of his “major plans” and providing a line on how he will make it a reality.

His $16.3 trillion Green New Deal plan, perhaps one of his most prolific proposals, will be paid for, he claims, through a variety of methods including slashes in military spending and lawsuits against the fossil fuel industry.

He is calling to reduce defense spending by $1.215 trillion “by scaling back military operations on protecting the global oil supply.” His campaign claims he will raise $3.085 trillion by “making the fossil fuel industry pay for their pollution, through litigation, fees, and taxes, and eliminating federal fossil fuel subsidies.” He expects to garner another $6.4 trillion “from the wholesale of energy produced by the regional Power Marketing Administrations.”

“This revenue will be collected from 2023-2035, and after 2035 electricity will be virtually free, aside from operations and maintenance costs,” his website states.

Sanders also claims his Green New Deal plan will create 20 million jobs, which will effectively create a new tax base and eliminate the need for $1.31 trillion in “federal and state safety net spending due to the creation of millions of good-paying, unionized jobs.”

His campaign actually argues that enacting his multitrillion-dollar climate change proposal will save the United States $2.9 trillion in the next decade, $21 trillion over the next 30 years, and  $70.4 trillion over the next 80 years.

“If we do not act, the U.S. will lose $34.5 trillion by the end of the century in economic productivity,” he claims.

That is far from Sanders’ only proposal. Offering free college and cancelation of student debt will cost, according to his estimates, $2.2 trillion. Sanders claims the plan is “fully paid” for with a “modest tax on Wall Street speculation,” contending that it will raise more than enough — $2.4 million over the next decade.

Sanders says his $1.5 trillion housing for all plan and $1.5 trillion universal child care/pre-K plan will be paid for with “a wealth tax on the top one-tenth of one percent – those who have a net worth of at least $32 million.” He claims it will raise “a total of $4.35 trillion.”

His other plans rely almost entirely on new taxes on the wealthy. His vow to erase $81 billion past-due medical debt will be “fully paid for by establishing an income inequality tax on large corporations that pay CEOs at least 50 times more than average workers.” Additionally, Social Security expansion will be paid for, he says, with a tax on Americans with incomes over $250,000.

See the source image

Instead of explicitly stating how Sanders will fund his Medicare for All plan, which some experts say could cost over $60 trillion over the next decade, the fact sheet simply touts a “menu of financing options that would more than pay for the Medicare for All legislation he has introduced,” which includes raising taxes on the middle class.

Per the fact sheet, those options include:

  • Creating a 4 percent income-based premium paid by employees, exempting the first $29,000 in income for a family of four.

  • Imposing a 7.5 percent income-based premium paid by employers, exempting the first $1 million in payroll to protect small businesses.

  • Eliminating health tax expenditures, which would no longer be needed under Medicare for All.

  • Raising the top marginal income tax rate to 52% on income over $10 million.

  • Replacing the cap on the state and local tax deduction with an overall dollar cap of $50,000 for a married couple on all itemized deductions.

  • Taxing capital gains at the same rates as income from wages and cracking down on gaming through derivatives, like-kind exchanges, and the zero tax rate on capital gains passed on through bequests.

  • Enacting the For the 99.8% Act, which returns the estate tax exemption to the 2009 level of $3.5 million, closes egregious loopholes, and increases rates progressively including by adding a top tax rate of 77% on estate values in excess of $1 billion.

  • Enacting corporate tax reform including restoring the top federal corporate income tax rate to 35 percent.

  • Using $350 billion of the amount raised from the tax on extreme wealth to help finance Medicare for All.

The release of the fact sheet follows Sanders growing frustration over the mounting questions over the costs of his massive proposals.

Anderson Cooper grilled Sanders on the costs of his various proposals during the presidential hopeful’s recent sit-down interview with 60 Minutes.

“But you say you don’t know what the total price is, but you know how it’s going to be paid for. How do you know it’s going to be paid for if you don’t know how much the price is?” Cooper asked.

“I can’t rattle off to you every nickel and every dime,” Sanders said. “But we have accounted for — you talked about Medicare for All — we have options out there that will pay for it.”

“I Want You To Panic Say” Child Activist

16 year old Climate Activist Greta Thunburg made the comments at the World Economic Forum after her publicity stunt of sailing across the Atlantic rather than flying was exposed to not be as green as was promised.

The next time I take advice from someone with a mental illness is when I ask an obese person for dietary opinions

Second Largest Teachers Union Protests For Illegal Immigrants, Calls Trump Racist

American Federation of Teachers Illegal Immigrants

The country’s second largest teacher’s union spent the day celebrating illegal immigration and bashing the Trump administration.

By

The second largest education union in the United States is the driving force behind a rally to protect illegal immigrants featuring presidential candidate Jay Inslee.

The American Federation of Teachers has been busy live tweeting their protest against so-called family separation at the U.S.-Mexico border, a policy started by President Barack Obama, aimed at separated illegal immigrant children from the individuals, sometimes human traffickers, purporting to be their parents when they are brought into the United States.

Dozens of members and employees of the union gathered, wearing t shirts with the union’s logo, to shout catchy slogans like “No hate, no fear, immigrants are welcome here!” and “Let our babies go!”

CAP

CAP

The American Federation of Teachers also used its verified Twitter account to accuse President Donald Trump of racism, writing “Mr. President, racism is not patriotism.”

It is not known whether they also consider President Obama to be racist.

CAP

At one point, Jay Inslee, the Democrat governor of Washington who is running for president on the platform of “defeating climate change” who is polling at close to zero per cent after he failed to distinguish himself in the first Democrat debate, joined the stage to bash the Trump administration.

“I have come here to speak with pride for a prideful nation,” said Inslee. “Here is what we are proud of, we are proud that educators in America speak out against oppression of children in America.” “We are proud that the state of Washington understands that diversity is a strength and not a weakness.”

Inslee also doubled down on a conspiracy theory popularized by Rep. Alexandria Ocasio-Cortez (D-NY), claiming that migrant children are not given soap to wash themselves with.

“There is nothing to be proud of,” said Inslee, “for putting a 5-year-old kid in a cage and not giving them soap to clean themselves with.” At this point, for some unknown reason, a member of the crowd began laughing maniacally. Really.

CAP

For some reason, the American Federation of Teachers also occasionally posted a tweet in Spanish.

The American Federation of Teachers is a member of the country’s largest union federation, the American Federation of Labor, which recently posted a meme advocating beheading the CEO of Delta Airlines.

Big League Politics reported:

CAP

Unions seem to be increasing their march toward the complete destruction of all facets of American society, and even school children and classrooms are not safe.

Climate Change Crusader Tom Steyer Enters 2020 Presidential Race

DES MOINES, IA - JANUARY 09: Billionaire Activist Tom Steyer speaks to supporters on January 9, 2019 in Des Moines, Iowa. Steyer announced that he would not run for president in 2020, and would instead concentrate his efforts on the possibility of impeaching President Trump. (Photo by Steve Pope/Getty Images)

By Joshua Caplan

Billionaire Democrat donor and climate change crusader Tom Steyer entered the 2020 presidential race on Tuesday.

Steyer, 62, is one of the most visible and deep-pocketed liberals advocating for President Donald Trump’s impeachment. He surprised many Democrats in January when he traveled to Iowa, home to the nation’s first presidential caucus, to declare that he would focus entirely on the impeachment effort instead of seeking the White House.

Despite becoming a national voice on the impeachment issue, Steyer made no mention of it in his campaign announcement. Instead, he said his campaign will focus on reducing the influence of corporations in politics. He also plans to target climate change, which is the focus of the Steyer-backed advocacy group NextGen America.

“Americans are deeply disappointed and hurt by the way they’re treated by what they see as the power elite in Washington, D.C., and that goes across party lines and it goes across democracy,” Steyer said in a video his campaign was releasing Tuesday. “We’ve got to take the corporate control out of our politics.”

Steyer will step down from NextGen America and Need to Impeach.

Last week, Steyer held a conference call with supporters, telling them he planned to launch a bid for the White House, according to Politico.

“He’s definitely focused on the [fact that the] economy is not as good as people are making it out to be,” an anonymous source told the news outlet.

The Associated Press contributed to his report.

2020 Watch: De Blasio Announces Candidacy, Trump Weighs In

The New York City entered the race, and came out swinging against President Donald J. Trump.

By 

The never-ending list of Democratic Party candidates for president got a little bit longer Thursday, when New York City Mayor Bill de Blasio announced his candidacy.

“Even before his announcement, de Blasio already qualified to participate in the Democratic primary debates, according to a poll from Reuters and Ipsos,” Axios said. “The mayor intends to leverage his record of New York achievements such as universal pre-kindergarten and raising the minimum hourly wage. Following the announcement, he will go on a 4-day campaign tour to Iowa and South Carolina, per NBC.”

President Donald J. Trump weighed in on de Blasio’s candidacy on Twitter.

“The Dems are getting another beauty to join their group. Bill de Blasio of NYC, considered the worst mayor in the U.S., will supposedly be making an announcement for president today. He is a JOKE, but if you like high taxes & crime, he’s your man. NYC HATES HIM!” he said.

CAP

“There’s plenty of money in this world. There’s plenty of money in this country. It’s just in the wrong hands,” de Blasio said in a campaign announcement video.

He spent the first half of his announcement video describing his far-left platform, which includes universal healthcare, a $15 minimum wage, and “free” Pre-Kindergarten education for all. He spent the second half of the announcement video attacking Trump, calling him a “bully.”

De Blasio is squarely in the progressive corner. He was widely ridiculed for last month for proposing a skyscraper ban in New York City to fight climate change.

Big League Politics reported:

The mayor of America’s most populous city has a new plan to fight “global warming,” and it involves doing away with the landscape of the city over which he presides.

“We’re going to introduce legislation to ban the glass and steel skyscrapers that have contributed so much to global warming,” said New York City Mayor Bill de Blasio said. “They have no place in our city or our Earth anymore.”

The mayor did not offer much in the way of specifics regarding his plan. Will existing skyscrapers be demolished, or will the city ban new ones from being erected? Many such buildings are apartments and condos. Will the people who live in them be forced to move? Also, what happened to “climate change?” This reporter was under the impression that “global warming” was an outdated term.

According to Spectrum News 1 in New York City, de Blasio’s proposal would prevent developers from “using all glass facades unless they meet strict new energy guidelines,” which he called “the city’s version of the Green new Deal.”

Trump Supporters Crash Bill de Blasio’s Green New Deal Presser at Trump Tower

New York City Mayor Bill de Blasio speaks inside Trump Tower about the Green New Deal, serving notice to US President Donald Trump demanding more energy-efficient buildings, including Trump Tower, May 13, 2019 in New York. (Photo by Don Emmert / AFP) (Photo credit should read DON EMMERT/AFP/Getty Images)

By Joshua Caplan

Supporters of President Donald Trump crashed New York Mayor Bill de Blasio’s press conference touting the city’s “Green New Deal” inside the lobby of Trump Tower on Monday morning, holding signs with insults directed at the far-left Democrat.

Speaking at a podium steps from the spot where President Donald Trump announced his own presidential run in 2015, the Democrat said he had come to Trump Tower to promote a new city air pollution law requiring skyscraper owners to cut greenhouse gas emissions or face fines.

De Blasio said Trump’s buildings in the city could face a combined $2.1 million in annual fines if they don’t reduce emissions by 2030.

“President Trump, you’re on notice. Your polluting buildings are part of the problem,” he claimed.

However, de Blasio’s speech was all-but drowned out by a throng of Trump supporters who demonstrated behind him on the building’s escalators, booing, whistling, chanting and holding up signs with messages including “Failed mayor” and “Worst mayor ever.” Footage of the heckling was shared to social media.

Screen Shot 2019-05-13 at 5.40.15 PM

Screen Shot 2019-05-13 at 5.42.20 PM

Loud music also played over the building’s sound system for part of the event. De Blasio had to shout to be heard.

“It’s so nice of them to serenade us at Trump Tower. Clearly, they are uncomfortable with the truth,” he said.

Screen Shot 2019-05-13 at 5.44.53 PM

Under a deal that President Trump struck with the city decades ago, Trump Tower’s lobby is considered a public space for much of each day.

New York City’s $14 billion “Green New Deal” aims to reduce emissions by roughly 30 percent. The plan will ban new glass buildings deemed “inefficient” and strive for carbon neutrality by 2050.

The Associated Press contributed to this report. 

AOC PREDICTS SOCIALIST UTOPIA IN DELUSIONAL VIDEO PROMOTING GREEN NEW DEAL, MEDICARE FOR ALL

AOC Predicts Socialist Utopia In Delusional Video Promoting Green New Deal, Medicare For All

Video indulges bizarre fantasy that socialism will save the Earth

 | Infowars.com – APRIL 17, 2019

Freshman congresswoman Alexandria Ocasio-Cortez (D-N.Y.) released a bizarre promo touting the hypothetical success of her socialist revolution, including implementing the Green New Deal and Medicare For All in the U.S.

The video, narrated by AOC and accompanied with watercolor painted scenes, explains a naive scenario where Democrats have taken control of all three branches of government, and have started to push their socialist vision for America.

“The wave began when Democrats took back the House in 2018,” she says. “And then the Senate and the White House in 2020, and launched the Decade of The Green New Deal.”

“A flurry of legislation that kicked off our social and ecological transformation to save the planet. It was the kind of swing-for-the-fence ambition we needed.”

“Finally! We were entertaining solutions on the scale of the crises we faced, without leaving anyone behind. That included Medicare For All: the most popular social program in American history,” she adds.

Despite the fact the estimated cost for Medicare For All would cost around $32 trillion, and the Green New Deal would cost about $93 trillion (more than the entire global money supply), AOC then explains how her plan to retrofit every single building with solar panels and construct trains all over the country would fix America.

“Funnily enough, the biggest problem in those early years was a labor shortage!” Ocasio-Cortez says. “We were building a national smart grid, retrofitting every building in America, putting trains like this one all across the country – we needed more workers.”

AOC then talks about an imaginary person named Iliana, a “child of the Green New Deal” who starts out as a solar engineer before working for the “Universal Childcare Initiative” that helps lower “carbon” emissions.

The delusional and out-of-touch nature of the video didn’t just concern some on social media, it genuinely scared them.

CAP

CAP

Notable tenets of the disastrous Green New Deal, which has already been overwhelmingly rejected in the Senate, include elimination of air travel, total overhaul of every single building in the U.S., trains all over the country, and the elimination of cows.

Blog at WordPress.com.

Up ↑