For the first time in our nation’s history, one federal agency is now dishing out more than $100 billion per month, and it’s not the Department of Defense. According to a new report, the Department of Health and Human Services is spending unbelievable sums on Medicare, Medicaid, and other expensive entitlements.
“In the first eight months of this fiscal year, which began in October, HHS spent $834,346,000,000, according to the Monthly Treasury Statement for May. That is up from $731,724,000,000 in the first eight months of last fiscal year,” reports CNS News. “Through all of fiscal 2018, HHS spent approximately $1,120,500,000,000 — or $93,375,000,000 per month.”
“Through this full fiscal year, according to the estimate published in the Monthly Treasury Statement, HHS will spend approximately $1,230,273,000,000 — or $102,522,750,000 per month,” adds the website.
The HHS would likely fund Bernie Sanders’ Medicare for All program; sending costs even higher as hundreds of millions are tossed off their private healthcare plans and placed under the government insurance scheme.
While the Department funds other programs like the National Institute of Health, more than 86% of the budget is dedicated to funding Medicare and Medicaid.
Economists say Sanders’ healthcare plan could cost upwards of $32.6 trillion during the first ten years.
Sanders released the video on social media just hours after a George Mason University study estimated the astronomical price-tag associated with the potential proposal; finding it would likely cost over $32.6 trillion.
Thank you, Koch brothers, for accidentally making the case for Medicare for All! pic.twitter.com/speuEL6ETC
— Bernie Sanders (@SenSanders) July 30, 2018
“The study shows that ‘Medicare for All’ would save the American people $2 trillion over a ten year period… That’s what was in the study,” said Sanders.
Read the full report at CNS News.
BAD BUSINESS: Home Depot Founders Say Bernie Sanders is the ‘Enemy of Every Entrepreneur’ in America
Home Depot founders Bernie Marcus and Ken Langone spoke with Fox Business this week; saying Vermont Senator Bernie Sanders is the biggest “enemy of every entrepreneur” in the United States.
“Do you get annoyed when you have big old targets, not specifically on you, but that the rich, all these Democratic candidates, to a man and woman, they single out guys like you as, this is what has happened to capitalism. Unfair,” asked host Neil Cavuto.
“Bernie Sanders is out today with a plan that will tax Wall Street trades pennies on the dollar. But it’s a start to pay for, among other things, college debt and maybe free college down the road,” he added.
“Well, look, don’t bring up Bernie Sanders, because that’s a red flag in front of me, because he’s the enemy of every entrepreneur that’s ever going to be born in this country and has been born in the past,” said Marcus. “Our kids today don’t learn Western civilization. They don’t learn history. History repeats itself. You see things happening over and over again.”
Bernie Marcus, Home Depot co-founder: “[Bernie Sanders] is the enemy of every entrepreneur that's ever going to be born in the country and has been born in the past.”https://t.co/W46jWwMLab
— GOP (@GOP) June 25, 2019
Sanders continued his calls for free public college and the elimination of student debt Monday; asking his fellow Americans if they were “truly free to pursue their dreams.”
“Are you truly free if you graduate hundreds of thousands of dollars in debt? Are you free if you cannot pursue your dream because you don’t make enough to cover your student loan payments? We will #CancelStudentDebt because there is no freedom without economic freedom,” asked Sanders on social media.
Are you truly free if you graduate hundreds of thousands of dollars in debt?
Are you free if you cannot pursue your dream because you don't make enough to cover your student loan payments?
We will #CancelStudentDebt because there is no freedom without economic freedom.
— Bernie Sanders (@BernieSanders) June 24, 2019
Sanders unveiled his latest proposal Monday to cancel the nation’s entire student loan debt; a move economists say will cost more than $1.6 trillion for American taxpayers.
“Sen. Bernie Sanders, I-Vt., will propose on Monday eliminating all $1.6 trillion of student debt held in the United States, a significant escalation of the policy fight in the 2020 Democratic presidential primary two days before the candidates’ first debate in Miami,” reports the Stamford Advocate.
“Sanders is proposing that the federal government pay to wipe clean the student debt held by 45 million Americans – including all private and graduate school debt – as part of a package that also would make public universities, community colleges and trade schools tuition-free,” adds the newspaper.
Sanders confirmed last week that his socialized health care proposal will “absolutely” provide coverage to every single illegal immigrant in the United States.
“We will organize the American people around the concept that all people in this country have the right to health care, and at the end of the day, we are going to win that struggle,” said Sanders during a recent speech.
“Senator, would you include the 11 million undocumented immigrants in America?” asked the moderator.
“Absolutely. When I talk about health care being a human right, the last time I heard that undocumented people are human beings,” he fired-back.
BERNIECARE: Sanders Slams Trump’s ‘LIES’ on Universal Healthcare, Says Plan Will ‘Save Money’
Vermont Senator and self-described Democratic Socialist Bernie Sanders slammed President Trump’s “lies” about his Medicare for All program this week; saying the Commander-in-Chief misled voters in a recently published op-ed piece.
Sanders penned his own article for USA Today Thursday, doubling-down on his claims the universal healthcare system would -in fact- save Americans money and lower healthcare costs.
The Senator says Americans have President Trump’s plan on one side and, “On the other side is my ‘Medicare for All’ plan supported by 16 senators and 122 House members. It would guarantee everyone could get the health care they need without going into debt at far lower cost than the current dysfunctional system.”
“Study after study shows that when we eliminate private insurance premiums, deductibles and co-payments, the average American will pay substantially less for health care than he or she currently pays,” writes Sanders.
An independent study released earlier this year predicted Sanders’ potential plan could cost upwards of $32 trillion over a ten-year period; likely increasing after that.
Read Sanders’ full piece in USA Today.