The cost of Sanders’ agenda – possibly $60 trillion – would set a peacetime US record

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While the new spending programs Sen. Bernie Sanders has proposed in his presidential campaign would at least double federal spending over the next decade, he has provided little detail about how he would implement or finance such a massive increase.

The Vermont independent’s agenda represents an expansion of government’s cost and size unprecedented since World War II, according to estimates from his own website and projections by a wide variety of fiscal experts.

Sanders’ plan, though all of its costs cannot be precisely quantified, would increase government spending as a share of the economy far more than the New Deal under President Franklin Roosevelt, the Great Society under Lyndon Johnson or the agenda proposed by any recent Democratic presidential nominee, including liberal George McGovern in 1972, according to a historical analysis shared with CNN by Larry Summers, the former chief…

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