Senator Elizabeth Warren said she’s “close” to revealing how she plans on financing her universal health program over the weekend; responding after months of refusing to acknowledge whether the proposal would raise taxes on the middle class.
“I’ve been working for a long time on this question about what the cost will be and how to pay for it, and I’m getting close,” Warren told reporters on the campaign trail in Iowa.
Warren has repeatedly come under fire from her Democratic colleagues for refusing to release specifics on how she will fund her proposals.
Earlier this month, the Senator called for $1 trillion in new spending to combat “Environmental Racism.”
“In 1987, the United Church of Christ’s Commission on Racial Justice commissioned one of the first studies on hazardous waste in communities of color. A few years later – 28 years ago this month – delegates to the First National People of Color Environmental Leadership Summit adopted 17 principles of environmental justice. But in the years since, the federal government has largely failed to live up to the vision these trailblazing leaders outlined, and to its responsibilities to the communities they represent,” writes Warren.
Justice for communities on the front lines of the climate crisis must be at the core of our response to climate change. Here's my plan for how I'll center environmental justice in the fight to end the climate crisis. https://t.co/agB4llfPRg
— Elizabeth Warren (@ewarren) October 9, 2019
“From predominantly black neighborhoods in Detroit to Navajo communities in the southwest to Louisiana’s Cancer Alley, industrial pollution has been concentrated in low-income communities for decades,” she adds. “The Green New Deal will involve deploying trillions of dollars to transform the way we source and use energy. In doing so, the government must prioritize resources to support vulnerable communities and remediate historic injustices.”
Read Warren’s full plan here.
ANOTHER NEW DEAL? Warren Proposes Using US MILITARY to Combat Climate Change
Firebrand Senator and potential 2020 presidential candidate Elizabeth Warren unveiled her latest proposal to combat climate change Monday; suggesting the use of the US military to confront global warming.
“In short, climate change is real, it is worsening by the day, and it is undermining our military readiness. And instead of meeting this threat head-on, Washington is ignoring it — and making it worse,” writes Warren in an op-ed published by Medium.
“We have the most capable military in the world. It’s also the single largest government consumer of energy, and it’s dependent on fossil fuels. The Pentagon spends about $4 billion a year to power its bases at fixed locations and consumes tens of billions of barrels of fuel per year,” she adds.
“Nibbling around the edges of the problem is no longer enough — the urgency of the moment demands more. That’s why today I am introducing my Defense Climate Resiliency and Readiness Act to harden the U.S. military against the threat posed by climate change, and to leverage its huge energy footprint as part of our climate solution,” concludes Warren.
Together, we can work with our military to fight climate change. https://t.co/fYixnw11bz
— Elizabeth Warren (@ewarren) May 19, 2019
The far-left Senator’s comments come weeks after she unveiled a series of new government programs that economists say will cost US taxpayers trillions per year.
“If we put a 2% tax on the wealthiest families in the country, we can provide universal Pre-K, universal free college, knock back student loan debt for 95% of Americans—and still have a trillion dollars leftover,” claimed Warren on social media.
If we put a 2% tax on the wealthiest families in the country, we can provide universal Pre-K, universal free college, knock back student loan debt for 95% of Americans—and still have a trillion dollars leftover. #WarrenTownHall pic.twitter.com/1MMM1eOghf
— Elizabeth Warren (@ewarren) April 23, 2019
According to leading economists, the Senator’s proposal to forgive student loan debt and introduce tuition-free public colleges would cost over $1.25 trillion over the next decade.
BAN BILLIONAIRES! AOC Says ‘No Person Should Have a Billion Dollars’ in the United States
Controversial Congresswoman Alexandria Ocasio-Cortez slammed wealthy Americans on social media this week; saying “no person should have a billion dollars” in the United States of America.
“‘Billionaires should not exist’ does not mean certain people should not exist. It means no person should have a billion dollars. The ascent of billionaires is a symptom & outcome of an immoral system that tells people affordable insulin is impossible but exploitation is fine,” posted AOC on Twitter.
“Billionaires should not exist” does not mean certain people should not exist.
It means no person should have a billion dollars.
The ascent of billionaires is a symptom & outcome of an immoral system that tells people affordable insulin is impossible but exploitation is fine. https://t.co/fjxKOGIdc2
— Alexandria Ocasio-Cortez (@AOC) October 2, 2019
Sen. Bernie Sanders made similar statements last month.
“Billionaires should not exist,” he stated on social media. “There should be no billionaires. We are going to tax their extreme wealth and invest in working people.”
Billionaires should not exist. https://t.co/hgR6CeFvLa
— Bernie Sanders (@BernieSanders) September 24, 2019
There should be no billionaires. We are going to tax their extreme wealth and invest in working people. Read the plan: https://t.co/RJDLvX5H4c
— Bernie Sanders (@BernieSanders) September 24, 2019
“In order to reduce the outrageous level of inequality that exists in America today and to rebuild the disappearing middle class, the time has come for the United States to establish an annual tax on the extreme wealth of the top 0.1 percent of U.S. households,” Sanders writes. “This wealth tax would only apply to net worth of over $32 million and would raise an estimated $4.35 trillion over the next decade. Anyone who has a net worth of less than $32 million would not see their taxes go up at all under this plan.”
“The tax rate would increase to 2 percent on net worth from $50 to $250 million, 3 percent from $250 to $500 million, 4 percent from $500 million to $1 billion, 5 percent from $1 to $2.5 billion, 6 percent from $2.5 to $5 billion, 7 percent from $5 to $10 billion, and 8 percent on wealth over $10 billion. These brackets are halved for singles,” adds Bernie.
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