The Green New Deal would bankrupt the nation, according to a new study that found it would cost up to $94 trillion dollars to implement.
A study from the American Action Forum found that, in a conservative estimate, it would cost over $600,000 per household over a ten year period.
The study explains that the “heart of the GND is an effort to curb carbon emissions and thus to slow climate change, but the package contains a wide set of other policy proposals that are not directly linked to climate policy: a job guarantee, food and housing security, and a variety of social justice initiatives.”
Since much of the GND is extremely vague, the study focused on the proposals for:
- A 10-year transition to an exclusively low-carbon…
Read the full story from The Gateway Pundit
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