Say no to Democratic Socialism’s enormous price tag

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On August 9, Alexandria Ocasio-Cortez, the Democratic socialist candidate for New York's 14th Congressional District, declined a challenge to debate conservative commentator Ben Shapiro. After comparing this challenge to catcalling on Twitter, it is clear that Ocasio-Cortez is scared of a debate against a difficult opponent. She also likely understands that her Democratic socialist platform would be exposed for its ideological flaws and harmful consequences.

Those who see the new progressive movement as inspiring highlight its agenda based on greater economic equality, while others fear that its reforms will dramatically and detrimentally expand the role of government. However, the one thing we know for sure is that Democratic socialism is expensive—and Americans should reject this pricy platform.

Candidates like Ocasio-Cortez and Sanders propose expensive policies like a federal jobs guarantee, single-payer health care, and "free" public college. Unsurprisingly, this will require astronomical increases in government spending that will add to the out-of-control federal debt that has already exceeded $21 trillion.

Brian Riedl, a policy researcher at the conservative-leaning Manhattan Institute, estimates that Sanders' and Ocasio-Cortez's proposals would generate $42.5 trillion in additional federal expenditures over the next decade. The long-term fiscal outlook under this agenda is even more frightening––Riedl found that these proposals will cost $218 trillion over 30 years.

In order to broaden the appeal of his work, Riedl used exclusively liberal think tanks and non-partisan sources for his analysis including the Tax Policy Center, the Urban Institute, and the Center for Budget Policy and Priorities. These numbers are coming from the left, so some of them, including the cost for the jobs guarantee, are even considered to be low, modest estimates.

So how does all of this get paid for? Democratic socialists like to run down a list of new taxes they support, supposedly aimed at the wealthy and large corporations. Some proposals include carbon taxes, a higher corporate tax rate, health care premium taxes, and increased payroll taxes. Ocasio-Cortez also proposes a "Buffet tax" that requires high earning individuals to pay a minimum of 15 percent of their income. Riedel's Vox article calculated that, under very generous fiscal and economic assumptions, Democratic socialist proposals would cut $8.5 trillion of spending in areas such as defense and state spending on health care, leaving the federal government on the hook for the remaining $34 trillion.

This would require a near doubling of federal tax revenues. To put that in perspective, the federal government would need to tax all corporate profits, as well as household income and pass-through business income (income from a business that is taxed at the individual owner's level as opposed to the corporate level) above the thresholds of $90,000 ($150,000 for married couples) at a 100 percent rate to make up this revenue gap.

Simply put, taxpayers cannot afford these unsustainable and disadvantageous reforms. Large-scale entitlement programs like Social Security and Medicare are already rapidly rolling off a fiscal cliff, with their trust funds on pace to be depleted by 2026 and 2034 respectively. Further expanding federal entitlement programs would clearly be much costlier than more plausible reforms like tax cuts, and no cut in defense spending will be sufficient to make up for Democratic socialism's obscene cost burden.

It's troubling to witness socialist and redistributionist policies gaining popularity in America, especially when history and current events both show the threat they pose to a stable and prosperous democracy.

Though utilizing more government intervention than Democratic socialism, the Soviet Union and Venezuela's centrally planned economic systems both eventually led to humanitarian crises that caused a shortage of fundamental goods and services, mass starvation, severe restriction of basic liberties like freedom of speech and worship, and massive death tolls. It is estimated today that the Soviet Union's communist regime under Joseph Stalin murdered as many as 20 to 60 million people. In Venezuela, hundreds are dying from malnutrition and violence imposed by the government to dismantle protests.

Even more moderate proposals such as Canada's latest failure with universal basic income (UBI)––unconditional, periodic government cash payments––show the problems with government expansion. After only 15 months, Ontario ended its C$150 million UBI program that was supposed to last three years, after they realized that it was expensive and financially unsustainable. Finland's UBI experiment will also end in failure after this year as its government concluded that the program would not be an efficient reform of the welfare system.

It's clear that redistributionist policies will not save our country from fiscal destruction. To save American taxpayers from extreme economic burdens, Democratic socialism's recent insurgency into our political system must be rejected.

Mitchell Siegel is an intern at the Foundation for Government Accountability. He is rising junior studying economics at Duke University.

On Thursday's radio program, Grace Smith and her father, Andy, joined Glenn Beck on the phone and provided a first-hand account of Grace's refusal to wear a mask at school.

Smith, 16, began a maskless protest after her school district in Laramie, Wyoming, decided to implement a mask mandate. As a result, Grace received three suspensions, was issued two $500-citations, and was eventually arrested.

"How long were you in jail?" Glenn asked.

Grace said was taken to jail but was never booked nor was she was placed in a jail cell.

Glenn commended Grace's father, Andy, for raising such a "great citizen" and asked if it was Grace's idea to protest. Andy said it was Grace's idea, explaining that they took the position of arguing on the grounds of civil rights rather than the efficacy of wearing a mask.

Grace has since withdrawn from public school and started a home school program. She also told Glenn that she will continue to fight the school district, legally.

You can donate to Grace's legal fund here.

To hear more from this conversation click here.

Disclaimer: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-19 and/or COVID vaccine related questions & concerns.

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It seems the Left wants a civil war and some on the Right want a national divorce. The country is split right now unlike anything Glenn Beck has ever witnessed. There are two sides: Those who want to fundamentally change this country and those who believe in KEEPING the experiment of liberty that the Founding Founders intended.

The ideological gap seems impossible to cross, but Glenn explains why he won't secede. David Reaboi, Claremont Institute senior fellow and author of "National Divorce Is Expensive, but It's Worth Every Penny," tells Glenn why a national breakup is not an impossibility just because it will be difficult.

What can we do to fight back … peacefully? How can the states that still believe in the Constitution create pockets of freedom in the shadow of tyranny? On his Wednesday night special this week, Glenn answers that and provides a road map to preserving what the Left is trying to destroy.

Finally, James Simpson, author of "Who Was Karl Marx? The Men, the Motives and the Menace Behind Today's Rampaging American Left," provides solutions on the issues the "red states" must unite around before Left and Right America officially call it quits.

Watch the full episode of "Glenn TV" below:

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An Afghan interpreter who helped save then-Sen. Joe Biden's life in 2008 was among those stranded in Afghanistan after Biden's troop withdrawal. He has now escaped the country with his family, but not with President Biden's help.

Thanks to private organizations, including The Nazarene Fund, the interpreter and his family have now been rescued.

Watch the video clip below to hear Glenn Beck share the details:

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A shocking new report by The Daily Wire reveals that the furious father whose arrest at a school board meeting likely sparked the call for the FBI to investigate anti-CRT parents like domestic terrorists was furious for good reasons: The Loudoun County School Board allegedly tried to cover up his daughter's rape.

Rep. Chris Stewart (R-Utah) joined Glenn Beck on the radio program Tuesday to discuss the incident and explain why he joined 60 lawmakers in a letter to Attorney General Merrick Garland demanding answers for why the FBI is targeting parents.

"We want to know ... what kind of coordination took place between the White House, activist groups and teachers unions, and the Department of Justice," Stewart told Glenn. "Because we have evidence that there was [coordination] and, in fact, that the White House are the ones who initiated this. They asked for these activist groups to write this inflammatory letter to the Department of Justice saying they were 'intimidated' and that they 'felt threatened', giving the Department of Justice Attorney General Garland, the excuse to say, 'Okay, well, we have to respond'."

Stewart went on to say he believes the federal government would only involve the FBI in such an issue if its purpose is to silence and intimidate parents concerned about the "poison" being taught to their kids in school. So, what can he and the other representatives who disagree with the Biden administration's overreach of power do to stop it?

Watch the video clip below to hear Stewart explain:

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