The White House released an article sharply criticizing socialism as a "dangerous and deadly ideology," stating that the agenda of American democratic socialists and the radical left—including Medicare for All, open borders, abolishing police and prisons, and the Green New Deal—could cost $49 trillion over a decade, equivalent to $400,000 per American household. The White House claimed this would be financed through massive tax increases, leading to nearly 30% wage cuts, shrinking economic output, soaring inflation, mortgage rates exceeding 12%, and millions of job losses, quoting Donald Trump as saying, "America will never be a socialist country."