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Democratic socialism could cost the US a staggering $200 trillion, report reveals: ‘Closer to Soviet-style communism’

Democratic
New York Post Fews App News Provider
Fews App Post Time há 19h

The Democratic Socialists of America are pushing for a federal government spending spree on everything from reparations to the Green New Deal that could top $200 trillion over the next decade, a shocking new report reveals. The proposals from the far-left faction, which has enjoyed multiple high-profile election victories in the last year from Congress to New York City Mayor Zohran Mamdani, would result in government spending surging to 57% of GDP, according to the lower-bound estimate from libertarian think tank the Cato Institute. In 2025, the US government spent approximately 33.

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