Study: AOC’s Green New Deal will cost each American family over $500,000
July 30, 2019
The Green New Deal, pioneered by progressive Democrats like New York Rep. Alexandria Ocasio-Cortez, could end up costing taxpayers a significant chunk of cash if it were implemented.
A new study released by libertarian think tank The Competitive Enterprise Institute and Power the Future (which was launched by an alum of the Charles Koch Institute) found that the average American household in Florida, New Hampshire, New Mexico and Pennsylvania would be on the hook for more than $70,000 during the first year the plan was implemented.
After the first year, families in these states would likely be required to pay about $45,000 for the next four years and more than $37,000 from there on out.