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The Smart Times Toronto
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DSA co-chair rejects White House’s $49T socialist policy estimate as ‘made up’

Press RoomBy Press RoomNovember 5, 2026No Comments4 Mins Read
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DSA national co-chair: ‘The voters have spoken — they want change’

Democratic Socialists of America co-chair Megan Romer joins Fox News anchor Martha MacCallum to defend the DSA platform and explain the next steps for socialist candidates who won their midterm elections on ‘The Story.’ Romer discusses what the victories mean for the socialist movement, the issues that drove support for DSA-backed candidates and how those newly elected officials plan to advance their agenda.

NEWYou can now listen to Fox News articles!

Democratic Socialists of America (DSA) national co-chair Megan Romer was pressed on Fox News about how much socialist policies will cost American taxpayers after DSA-backed candidates made significant gains in midterm elections.

The White House Council of Economic Advisers (CEA) estimated that DSA policy proposals, including Medicare for All and student debt cancellation, would cost taxpayers $49 trillion. Romer, who said the group’s incoming lawmakers will prioritize affordability, dismissed the staggering price tag as “outrageous,” calling it a “made-up number.”

“The White House, who does not like us very much, managed to come up with some math that made us look bad,” Romer said on “The Story.” “But we don’t agree with these numbers.”

RADICAL SOCIALIST WING’S HUGE NIGHT REVEALS ASCENDING CLOUT WITHIN DEMOCRATIC PARTY

Members of the Democratic Socialists of America rally in New York City

Members of the Democratic Socialists of America gather outside a Trump-owned building during a May Day rally in New York City in 2019. (Spencer Platt/Getty Images)

The CEA’s report estimated the DSA’s policy wish list will cost about $355,000 per American household over the next decade.

After rejecting the administration’s figures, Romer declined to offer an independent estimate of her own when pressed by Fox News anchor Martha MacCallum, saying the cost “depends.”

DSA-BACKED CANDIDATES ARE WINNING PRIMARIES AND THEIR VISION FOR AMERICA IS VERY DIFFERENT

“There’s no, like, one, solid number because it depends on what pieces we can build in the meantime,” the DSA leader said. “So it’s about building up programs and then sunsetting old, bad programs, and that number is going to shift as we pass various things.”

“I’m not going to give you a solid number. That’s not what I’m here to do,” she continued. “What I’m here to do is talk about how we collectively can democratically decide how we want our money to be spent.”

SOCIALIST PRIMARY SWEEP SPARKS LAUNCH OF NEW RESOURCE LAYING OUT WHAT’S AT STAKE IN 2026

US troops in Lithuania

U.S. Army soldiers march during a military parade on Armed Forces Day in Vilnius. (Yauhen Yerchak/SOPA Images/LightRocket via Getty Images)

Romer criticized the scale of U.S. military spending, arguing that federal resources devoted to overseas military operations would be better redirected toward the DSA’s policy priorities, including amnesty for illegal immigrants and abolishing the Senate.

“We don’t believe in having 800 U.S. military bases around the world,” Romer said. “That is an insane amount of money to spend… Our military spending is outrageous, and most of that money is going to defense contractors. It is making a handful of billionaires richer.”

SEN DEB FISCHER: THE LEFT’S WAR ON THE SENATE AND SUPREME COURT PUTS OUR REPUBLIC AT RISK

MacCallum countered her claims about excessive military spending, saying the U.S. defense budget is only $961 billion compared to an estimated $47 trillion for DSA policies to be funded.

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

In a July interview with Fox News, Romer stood by her positions to abolish the Senate, replace the presidency and Supreme Court, and to eradicate Immigration and Customs Enforcement (ICE). She also defended wanting to abolish borders and grant amnesty to illegal immigrants in the United States.

“We do agree that it will cost money to provide healthcare to everyone, but it will cost less money than we spend on the military and on these illegal wars right now,” Romer said Wednesday. 

Nora Moriarty is a Writer at Fox News Digital. 

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