A long work­ing paper from the Mer­ca­tus Insti­tute esti­mates the following

  • Would increase the fed­er­al bud­get com­mit­ments by $32.6 tril­lion in first 10 years
  • Pro­ject­ed increase in fed­er­al health­care com­mit­ments would be 10.7% of GDP in 2022
  • The GDP per­cent­age would increase to 12.7% in 2031
  • Dou­bling all cur­rent­ly pro­ject­ed fed­er­al indi­vid­ual and cor­po­rate income tax col­lec­tions would be insuf­fi­cient to finance the added fed­er­al costs of the plan