If Bernie was elected next year and implemented “The Green New Deal”, this is how much debt he would add over 10 years compared to our current path

Sharing is Caring!

by smurfin101

Sources –

westerncaucus.house.gov/uploadedfiles/costs_of_the_green_new_deal.pdf

High Estimate –

American Action Forum estimates that if the Green New Deal (GND) is enacted, every American household would pay $65,000 per year to foot the bill and that the total price tag could reach $93 trillion in the first 10 years alone.


Low Estimate –

Liberal economist Noah Smith estimated that the cost of the Green New Deal without all the promises listed in the FAQ would be $6.6 trillion annually.


Federal Debt: Total Public Debt

On average, we’ve been adding around $1T in debt per year to our total debt.

 

 

92 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.