Opinion

Democratic socialists have lots of ideas, but how are we supposed to pay for them?

Far-left politicians pile on promises even though the national debt is nearly $40 trillion

By Ted Jenkin Fox News

Published July 9, 2026 5:00am EDT

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Gavin Newsom supports 'addition' of socialists to Democratic Party

California Gov. Gavin Newsom told Jack Cocchiarella on his show that he rejected the idea that supporting socialists was a "threat" to the Democratic Party.

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As a certified financial planner, I've spent more than three decades asking people one simple question before they make a major financial decision.

"How are you going to pay for it?"

It's a question every bank asks before approving a loan. It's a question every family should ask before buying a home. And it's the question every voter should ask as democratic socialism gains momentum across America. You can vote for someone as president of student council who promises free lunch, no school on Fridays, and unlimited recess, but will those policies actually be put into place, and will they be successful?

Because every promise has a price tag.

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Seattle Mayor Katie Wilson is one of several leftist politicians making big promises. (David Ryder/Reuters)

Over the past few weeks, Democratic Socialist candidates have captured national attention with........

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