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

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.