News and Commentary

ECONOMIC APOCALYPSE: Ocasio-Cortez’s ‘Green New Deal’ To Cost Up To $93 Trillion, $650,000+ Per Household, Study Says

Socialist Rep. Alexandria Ocasio-Cortez’s (D-NY) “Green New Deal” — a massive government takeover of large portions of the U.S. economy — is projected to cost up to $93 trillion.

Bloomberg reports that Ocasio-Cortez’s far-left plan would “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 2003 to 2005.”

The enormous price tag, which amounts to over $650,000 per U.S. household, covers a low-carbon electricity grid, net zero emissions transportation system, guaranteed jobs, universal health care, guaranteed green housing, and food security.

“The Green New Deal is clearly very expensive,” the group noted in its analysis. “Its further expansion of the federal government’s role in some of the most basic decisions of daily life, however, would likely have a more lasting and damaging impact than its enormous price tag.”

The damaging report comes after Director of National Intelligence Dan Coats told lawmakers earlier this month that the $20 trillion-plus in existing U.S. national debt represents the greatest threat to U.S. national security.

Ocasio-Cortez’s rollout of the Green New Deal was disastrous, as documents posted to her congressional website mentioned the need to reduce cow farts and the need to provide for those who were “unwilling to work.”

Cornell University Law School Professor Robert Hockett, an advisor to Ocasio-Cortez, then falsely stated multiple times on Fox News that those statements were not in the Green New Deal. Fox News reports:

Carlson asked Hockett at the outset of the interview: “Why would we ever pay people who are ‘unwilling to work’?”

In a head-turning moment heard around the Internet, Hockett replied flatly, “Uh, we never would, right? And AOC has never said anything like that, right? I think you’re referring to some sort of document — I think some doctored document that somebody other than us has been circulating. … She’s actually tweeted it out to laugh at it, if you look at her latest tweets. It seems apparently, some Republicans have put it out there. I don’t know the details.”

Saikat Chakrabarti, Ocasio-Cortez’s chief of staff, later admitted that those statements were real and were made in a “frequently asked questions” (FAQ) document that he claimed was “clearly unfinished,” “doesn’t represent the GND [Green New Deal],” and was “published to the website by mistake.”

Ocasio-Cortez sought to deflect criticism of her plan by falsely promoting a conspiracy theory that the Republican Party was doctoring her Green New Deal and was injecting doctored versions of it into the media because her plan was “so strong.”

“When your #GreenNewDeal legislation is so strong that the GOP has to resort to circulating false versions, but the real one nets 70 House cosponsors on Day 1 and all Dem presidential candidates sign on anyway,” Ocasio-Cortez tweeted.

The “false versions” she was referring to were parody versions of the Green New Deal that were posted by major Twitter accounts that are known for promoting parody content. The specific example from the parody document that drew Ocasio-Cortez’s anger was a section that said people should recycle their own urine.

Ocasio-Cortez’s climate change hysteria is so intense that she suggested on Sunday that people should consider not having kids because it’s a “scientific consensus” that life will be hard for them in the future. She also claimed without evidence that current proposals supported by the Democratic Party to combat climate change are “frankly going to kill us.”

Create a free account to join the conversation!

Already have an account?

Log in

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip
Download Daily Wire Plus

Don't miss anything

Download our App

Stay up-to-date on the latest
news, podcasts, and more.

Download on the app storeGet it on Google Play
The Daily Wire   >  Read   >  ECONOMIC APOCALYPSE: Ocasio-Cortez’s ‘Green New Deal’ To Cost Up To $93 Trillion, $650,000+ Per Household, Study Says