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.