Report reveals how much DSA policies will cost you

News Stories   —   Posted on October 15, 2026

The Democratic Socialists of America (DSA), the far-left organization [whose candidates have won primaries against Democrats and are now] the Democrat Party [candidates in several congressional races around the country], has made many promises, from Medicare for all to a 32-hour workweek.

The White House Council of Economic Advisers (CEA) released an analysis of the policies last week estimating they would [cost] nearly $49 trillion over the next 10 years…

The 92-page report, titled “The Real Cost of Socialism in America,” examined eight elements of the DSA’s “Workers Deserve More” agenda, including:

• Medicare for all
• Student debt cancellation and free college
• Immigration policies (open borders),
• Universal rent control
• Green New Deal (end the use of gas, oil, coal)
• Mandate a 32-hour workweek but workers still get paid for 40 hours
• A wealth tax (“Enact aggressive wealth taxes on the richest individuals and corporations”)
• Changes to policing and incarceration (ultimately abolish the police and abolish the prison system)

Seven of those policies were evaluated against the federal budget and are estimated by the CEA to cost  $52.84 trillion from 2027 through 2036, according to the report.

A proposed 5% annual wealth tax on billionaires would generate an estimated $3.94 trillion, bringing the net fiscal burden to $48.9 trillion.

“This amounts to approximately $355,000 per American household,” the report said, adding that the spending would have to be financed through additional debt (government borrowing money) or higher taxes.

Medicare for All accounts for most of the projected cost. The CEA estimated the single-payer system would add $47.4 trillion to federal deficits over the decade after accounting for projected administrative and Medicaid savings.

Canceling student debt and providing free undergraduate tuition would cost between $2.1 trillion and $3.6 trillion, depending on whether free tuition extended to private colleges.  The report used the higher figure in its overall calculation.

The report estimated the DSA’s  mandated 32-hour workweek would cost $918 billion, Green New Deal policies $370 billion and universal rent control about $16 billion.

The DSA has also promised open borders and amnesty for all illegal immigrants which is estimated to cost between $440 billion and $613 billion over 10 years. This assumes a lifetime net fiscal cost for every illegal immigrant of $166,716. Amnesty, in particular, is projected to cost between $36 billion and $47 billion due to welfare programs.

The CEA estimate didn’t evaluate all of the costs or savings of DSA proposals, such as moving toward abolishing police and prisons, defunding the Department of War and abolishing the Senate.

The White House published the report as Republicans focus on DSA-backed candidates who made surprising gains in primaries across the country.

“The Democrats’ embrace of communism and socialism is not only an existential threat to our nation’s fundamental values, but also a complete disaster for American families who would pay trillions to fund these out-of-touch ideas,” said White House spokeswoman Olivia Wales.

Republicans contend that the rise of DSA candidates deepens a split between moderate and progressive wings, making it harder for mainstream or centrist Democrats to govern or appeal to general election voters. GOP leaders argue that DSA-backed members will pull the entire Democratic Party sharply to the far left, dictating policy on the economy, immigration, public safety, and social issues.

The CEA report comes as the DSA has gained greater electoral prominence.

The organization said its membership reached a record 120,000 this summer while DSA-backed candidates won a series of Democrat primaries.

Compiled and adapted from articles published at Newsmax Wires, NY Post and The National Pulse and on Oct. 1. Posted here for educational purposes only. May not be reproduced without permission.