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.
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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!
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“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!
