Sanders's budget numbers do not add up

Washington Free Beacon:

Facing mounting pressure to explain how he will raise enough revenue to cover the largest peacetime budget in American history, Sen. Bernie Sanders (I., Vt.) in advance of Tuesday evening's debate released a plan outlining how he will pay for his proposals.

The plan, which debuted Monday evening, projects additional revenue of more than $37 trillion over the next 10 years, the product of a cross-section of aggressive new taxes on everyday Americans as well as the top percentile of earners. That figure pales in comparison to the tens of trillions Sanders expects to spend over the next 10 years, leaving a substantial budget shortfall even under the rosiest of assumptions.

Sanders, the current frontrunner for the Democratic nomination, released his plan the day before the South Carolina Democratic debate amid increasing scrutiny. Although the plan partially addresses critics' charges that Sanders has been evasive on how he will pay for his proposals, it also opens up new lines of attack, allowing moderate opponents to charge him not only with excessive spending but also financial irresponsibility.

In total, the plan covers seven major components of Sanders's agenda: Medicare for All, a Green New Deal, universal college and cancelling student debt, universal pre-k, universal public housing, expanding Social Security, and eliminating medical debt. Its $37 trillion of added tax revenue reflects a bevy of old proposals—especially Sanders's wealth tax—as well as new details on, for example, Sanders's projected revenue from Green New Deal jobs.

Although prodigious, the total sum Sanders plans to raise would fall short of his full spending goals. A CNN analysis pegged Sanders's total spending at $60 trillion, substantially larger than any prior peacetime administration. An analysis from the left-leaning Progressive Policy Institute estimated the cost of Sanders's plans at roughly $47.8 trillion—still well short of what he plans to raise. Sanders's campaign did not respond to a request for comment on this and other disparities.
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I think it is actually worse than that.  His policies would destroy the economy which would mean shrinking revenues to the government.