Adding Up Senator Sanders's Campaign Proposals So Far

UPDATED: Previous versions of this analysis were published on April 7 and May 9, 2016. The analysis below, updated on May 19, incorporates the findings of two new independent estimates of Senator Sanders’s “Medicare for All” plan that find – consistent with our previous “high health cost estimate” – that his plan would cost at least twice as much as the campaign’s estimate

Senator Bernie Sanders deserves credit for trying to pay for his spending proposals' costs, but the offsets fall far short, according to our new analysis as part of our Fiscal FactCheck project. Senator Sanders's proposals would add almost $19 trillion to the debt. As a share of the economy, debt under these policies would grow from roughly 75 percent of Gross Domestic Product (GDP) today to 154 percent of GDP in 2026 (compared to 86 percent of GDP under current law).

Read the full analysis on our Fiscal FactCheck website. 

Senator Sanders would also increase spending and revenue levels as a share of the economy to well-above historical averages. Spending as a percentage of GDP would average about 37 percent over the next decade, compared to the historical average of about 20 percent. On the revenue side, it would increase to 25 percent over the next decade, while revenue as a share of GDP has averaged about 17.4 percent over the last half-century.

Ultimately, using Senator Sanders's tax increases in order to pay for new spending would leave less options available to address the current fiscally unsustainable path of our nation's debt.

Read the full analysis on our Fiscal FactCheck website.