Obama Warns Dems: Those Policy Proposals Come with Hefty Price Tag | NTK Network Obama Warns Dems: Those Policy Proposals Come with Hefty Price Tag

Obama Warns Dems: Those Policy Proposals Come with Hefty Price Tag

"Some people in the room took his words as a cautionary note about Medicare-for-All and the ambitious Green New Deal..."

By NTK Staff | 03.26.2019 @11:30am
Obama Warns Dems: Those Policy Proposals Come with Hefty Price Tag

Former President Barack Obama warned a group of freshman House Democrats on Monday night about the costs associated with some of their far-left policy proposals, according to a story published in the Washington Post on Tuesday.

Since retaking the House in 2018, Democrats have proposed policies like Medicare for All and the Green New Deal.

According to Fox News, several independent studies have estimated that implementing Medicare for All in the United States would cost “in the range of about $25 trillion to $35 trillion or more over a 10-year period.”

Meanwhile FactCheck.org has estimated the cost of Rep. Alexandria Ocasio-Cortez’s (D-NY) Green New Deal “could easily balloon into the tens of trillions,” after fact-checking a claim that it would cost $93 trillion.

According to the Washington Post:

“Former president Barack Obama gently warned a group of freshman House Democrats Monday evening about the costs associated with some liberal ideas popular in their ranks, encouraging members to look at price tags, according to people in the room.”

The Washington Post went on to report that “some people in the room took his words as a cautionary note about Medicare-for-All and the ambitious Green New Deal.”

“He said we [as Democrats] shouldn’t be afraid of big, bold ideas — but also need to think in the nitty-gritty about how those big, bold ideas will work and how you pay for them,” one person told the Washington Post.

News of Obama’s warning to House Democrats comes on the same day that 2020 presidential hopeful Sen. Kamala Harris (D-CA) announced a policy proposal that would give the “average teacher in America” a $13,500 raise.

Harris’s plan to give teachers a pay raise comes with a price tag of $315 billion over 10 years.

To put these costs into perspective, Democrats shut down the American government over President Trump’s request for just $5.7 billion to build a wall along America’s southern border.

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