The spending Sanders wants can't be financed by simply taking from the ultra-wealthy

FEE's Brad Polumbo writes, "Senator Bernie Sanders is hitting the road. The Vermont socialist has a simple mission: reach out to rural America and make the case for the $4.5+ trillion government spending plans his allies are trying to push through Congress.

The senator dubbed the multi-trillion-dollar spending plans 'the most consequential piece of legislation for working families that we have seen in this country since the New Deal.'

At a similar event in Indiana, Sanders gloated about his intent to raise taxes, but claimed he would only do so on 'the rich.'

NEW: Wall Street Journal: Even Confiscating Entire Wealth of All US Billionaires Couldn’t Pay for Democratic Spending Planshttps://t.co/fCPUBYdmVK

— Brad Polumbo ??⚽️ ?️‍? (@brad_polumbo) September 1, 2021

“My Republican colleagues are busy telling everybody, ‘Bernie Sanders and Democrats are going to raise taxes.’ You’re right!' Sanders said. 'We’re gonna raise them on the richest people in this country so they start paying their fair share.'

There’s just one problem with this whole narrative: it’s impossible. The exorbitant levels of spending Sanders and his allies have proposed can not be financed by simply taking from the ultra-wealthy."

Read the entire column here.