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

News RoomNews RoomAugust 31, 2026No Comments
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Democratic socialism could cost the US a staggering 0 trillion, report reveals: ‘Closer to Soviet-style communism’

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 33.8% of GDP.

DSA insists the funding for their pie-in-the-sky social programs will come from “aggressive wealth taxes on the richest individuals and corporations” — but in reality, taxing the rich would only cover a fraction of its wishlist, the report states.

“The DSA is selling people a bigger government and saying someone else will pay for it. It’s mathematically impossible,” said report author Adam N. Michel.

Among the priciest items DSA intends to pursue are universal health care, which would cost between $39.9 trillion and $75.4 trillion over the next decade; slavery reparations ($13.5 trillion to $28 trillion); and a federal jobs guarantee ($4.4 trillion to $60.4 trillion).

At the high end, government spending would reach an eye-popping 92% of GDP, according to the institute.

“It is hard to comprehend. It is closer to Soviet-style communism than European welfare states,” Michel said.

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