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Total annual savings from

budget cuts and new revenue

$980 billion

MILITARY SPENDING 

 

End all wars

Close all overseas bases

Close unneeded domestic bases

End all military foreign aid

Total nuclear disarmament

Reduce weapons procurement and R&D

Cut waste in operations

Health care savings from moving to Medicare-for-All

WEALTHY INDIVIDUAL TAXATION

Limit tax deductions for the richest 2%

Close loopholes that allow the very wealthy to shield income from taxation

Place a 5%-5.6% surtax on the incomes of millionaires or multimillionaires

 

CORPORATE TAXATION

 

End corporate tax breaks for shifting jobs and profits offshore

Close other corporate tax loopholes and tax breaks

 

END CORPORATE WELFARE

 

END THE WAR ON DRUGS

 

PARDON PEOPLE WITH DRUG RELATED OFFENSES

Reallocation

MEDICARE-FOR-ALL

(beyond existing funding for Medicare and Medicaide)

 

FREE HIGHER EDUCATION TUITION

(100% paid for by the federal government)

STUDENT LOAN FORGIVENESS

(over five years)

OIL COMPANY NATIONALIZATION

(over seven years)

DOMESTIC ONE-CHILD POLICY INCENTIVES

PUBLIC FUNDING FOR ELECTIONS

PUBLIC FUNDING FOR MEDIA

 

REPARATIONS

ECOLOGICAL RESTORATION

INTERNATIONAL ONE-CHILD POLICY FUNDING

$          492

$          100

$          100

$              2

$            14

$            43

$          100

$          100

$            33

$          246

$            51

$          160

$            35

$            76

$            60

$            16

$          100

$            50

$            16

$          100

$            70

$          320

$          200

$          120

$            20*

$            20*

$            60

$            50

$            20

*Estimate

 

 

 

 

Sources:

Americans for Tax Fairness

Sustainable Defense Task Force

Institute for Policy Studies

Drug Policy Alliance

Democracy Collaborative

Howie Hawkins, Green for President

Bernie Sanders, U.S. Senator for Vermont

Marianne 2020

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