Good morning, and happy Friday. Ohio Rep. Tim Ryan officially ended his 2020 campaign on Thursday, prompting Americans by the thousands to exclaim: Who is Tim Ryan, and why was he running for president??
Fun With Trillions
As Elizabeth Warren continues to gain steam in 2020 polling, an interesting dynamic has developed among the other challengers.
Warren (and hard-left runner-up Bernie Sanders) are pledging piles of federal money to fund a progressive fever dream—Medicare for All, free college, student loan forgiveness, Social Security expansion, federal child care, and the Green New Deal. The total cost for Warren’s new proposals is estimated to be about $4.2 trillion per year—which would roughly double current levels of federal spending.