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“The Green New Deal would cost a typical household more than $70,000 in the first year of implementation, approximately $45,000 for each of the next four years, and more than $37,000 each year thereafter according to a study by Power the Future and the Competitive Enterprise Institute posted on CEI’s webpage.
The goal of the Green New Deal is to eliminate the use of carbon-based fuels and industries.
The overall price tag of the Green New Deal in other studies have been pegged at $93 trillion. It would result in gas taxes of $10-$13 per gallon.
“Economists and experts have been warning us for months about the devastating effects of the Green New Deal, and now we have the numbers to prove it,” said Daniel Turner, executive director of Power the Future.
"This study only calculates a fraction of the cost of Alexandria-Ocasio Cortez’s radical plan, which amounts to a socialist free-for-all with no regard for the American taxpayer. No family should be forced to pay tens of thousands of dollars in the first year alone to fund AOC’s ideological wish list.
Democratic Presidential candidate, Joe Biden, selected Alexandria Ocasio-Cortez (AOC) to lead his “climate change” agenda. AOC and Kamala Harris (Biden’s Vice President candidate) are sponsors of the Green New Deal. According to a study completed by the American Action Forum (one of many studies revealing the huge cost), the Green New Deal would cost up to $94 trillion over the next 10 years, or $60,000 per household over each of the next 10 years.
The Green New Deal would drive the American economy into a steep economic depression, while putting off-limits affordable energy necessary for basic social institutions like hospitals, schools, clean water and sanitation, cargo shipments, and the (name removed by moderator)uts needed for the production and transport of the majority of America’s food supply.
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