A new report details the cost of our favorite Socialist’s “Green New Deal” and it’s NOT cheap. In fact it’s estimated that the Green New Deal will cost over $93 trillion dollars over the next 10 years, as Bloomberg reports:
Representative Alexandria Ocasio-Cortez’s ambitious plan to fight climate change won’t be cheap, according to a Republican-aligned think tank led by a former Congressional Budget Office director.
The so-called Green New Deal may tally between $51 trillion and $93 trillion over 10-years, concludes American Action Forum, which is run by Douglas Holtz-Eakin, who directed the non-partisan CBO from from 2003 to 2005.
That includes between $8.3 trillion and $12.3 trillion to meet the plan’s call to eliminate carbon emissions from the power and transportation sectors and between $42.8 trillion and $80.6 trillion for its economic agenda including providing jobs and health care for all.
the green new deal, which is a watered down version of the green party's proposal, is estimated to cost upwards of $93 trillion. while it's just an estimate from a single source, given how fiscally responsible congress is, it'll probably be more. https://t.co/t1MN1lqtlQ
— siraj hashmi (@SirajAHashmi) February 25, 2019
That’s a lot of money! Democrats should definitely push the Green New Deal leading up to the 2020 elections!
“The resolution's botched rollout included release of an official document by New York Rep. Alexandria Ocasio-Cortez's office that promised economic security even for those ‘unwilling to work,’ as well as the elimination of ‘farting cows’ and air travel.” https://t.co/9tIZJn56r9
— James Woods (@RealJamesWoods) February 24, 2019
This GND analysis just shows how bonkers the plan is.
If you look at the 8-12 trillion over the next decade for *just* decarbonization, that's a bigger annual cost (now) than the estimates for the negative impact of climate change in the US in *2100*!https://t.co/JTtYN5Uj0F
— Alex Muresianu (@ahardtospell) February 25, 2019
Wanna be dictator, socialist superstar and Democratic party “it girl” Alexandria Ocasio-Cortez is the gift that keeps on giving, for Republicans!
Thanks to our good friends at The Federalist Papers for permission to republish this material.