Democratic presidential candidate Sen. Elizabeth Warren (D-Mass.) responded in an interview with National Education Association President Lily Eskelsen García, “There’s always money,” when she was asked how she planned to pay for expensive educational proposals.
Warren said in an interview on Nov. 23, “The way I see it, there’s always, c’mon, there’s always money. It’s there. Are we going to spend the money on defense or are we going to spend the money on our children?”
García asked Warren if she was willing to fund the program known as Title I of the Elementary and Secondary Education Act and the Individuals With Disabilities Education Act.
García said, “If the answer is yes, how do you pay for that?”
“So the answer is yes,” Warren replied. “And pay for it? This is about our priorities, what matters most to us. A budget is about priorities.”
Warren has been questioned by other Democratic lawmakers such as South Bend, Indiana Mayor Pete Buttigieg, who told CNN that Warren was “more specific and forthcoming about the number of selfies she’s taken than about how this plan is going to be funded.”
According to Buttigieg, the senator’s plan as she presented it would not work.
“Not only is it important to have ‘yes-or-no’ answers to ‘yes-or-no’ questions at a time when people are so frustrated with Washington speak, but also there’s still been no explanation for a multitrillion-dollar hole in this plan,” he said.
Meanwhile, the Washington Post editorial board wrote that Warren promises “fantastically generous benefits, no premiums, co-payments or other cost-sharing, and a miraculously low price tag. It’s fiction.”
Various businessmen have also expressed their concern about Warren’s progressive proposals, wondering whether her proposals could have serious repercussions for the country.
Several investors said they feared that her plan to finance social projects through the collection of millions of taxes would have unintended consequences, according to Reuters.