Skip to comments.Bernie's Green New Deal Price Tag: 16 TRILLION!
Posted on 08/22/2019 6:29:34 PM PDT by Kaslin
Despite not voting for the Green New Deal in the senate this past winter, Vermont Democratic Socialist presidential candidate Bernie Sanders introduced a Green New Deal of his own on Thursday as part of his 2020 campaign platform. The price tag for the global warming defeating -racial injustice combatting - pro-socialism on steroids catch-all bill is a whopping 16 trillion dollars and zero cents.
As noted by the New York Times, the proposed bill by Sanders would declare "climate change a national emergency; envisions building new solar, wind and geothermal power sources across the country; and commits $200 billion to help poor nations cope with climate change." Sanders also promised it would eliminate unemployment completely by creating 20 million jobs over a 15 year period. It also calls for the U.S. to completely ditch fossil fuels by 2050.
Gizmodo's Brian Kahn breaks down some of the plan's specifics:
Among the outlays, Sanders would commit $2.37 trillion to renewable energy and storage, which the plan says would be enough of an investment to meet the country’s energy needs. Any renewable energy the government generates would be publicly owned, and a Sanders administration would prioritize selling it to publicly owned utilities and cooperatives at current rates to keep costs down. The campaign estimates that alone would raise $6.4 trillion of the $16.3 trillion needed to fund the transition. The plan highlights this under a bullet point about needing to “end greed in our energy system.”
To that end, the plan also says Sanders would instruct the Department of Justice (DOJ) to go after fossil fuel companies for both civil and criminal penalties. So far, cases winding through the state court systems have largely failed to hold Big Oil accountable for lying to everyone from the public to shareholders.
As for how America will pay for it, Sanders' website says the revenue will come from "making the fossil fuel industry pay for their pollution, through litigation, fees, and taxes, and eliminating federal fossil fuel subsidies." It will also be paid for by "making the wealthy and large corporations pay their fair share" and "scaling back military spending on maintaining global oil dependence." There were several other methods, including cutting the safety net.
As Ben Shapiro sarcastically said, "I want to live in a world with as much money available as Bernie Sanders believes is available. Because that sounds awesome."
I want to live in a world with as much money available as Bernie Sanders believes is available. Because that sounds awesome.https://t.co/9uXe9G98q9— Ben Shapiro (@benshapiro) August 22, 2019
Piker! I could kill every last person on the planet for under 10 trillion
He should be looking at old age homes, not running for president
He wants to buy his own $16 million property on Martha’s Vineyard.
Add that to the $32 trillion for free health care, $700 billion for free college, and a few trillion to line the pockets of politicians.
Feel the Bern.
If he was president he could wring that 16 Trill out of our booming Trump economy just before he destroys it.
Vote for Vermont’s Village idiot?
Not a chance of a snowball in hell.
1Ah heck, let’s buy two, they’re small!
Pssst, Bern. Socialism is Legal Plunder - Bastiat
Scum like you should be hung. List of Grievances,,,
May the old bolshevik soon hit the ground face first and not get up.
Feel the Bern... as he promises to take our prosperity and liberty! Won’t be much left after $16T.
We’ll all live on the street in tents... but Earth will be “saved”!
All of this sh*t was tried and much more money spent by the former Soviet Union which he gets a woody over. It is naive to think that the USA will never collapse. The numbers say that we are going to eventually implode.One day FedGov will be out of business and the sh*t will hit the fan like a hurricane.
Does he know what day of the week this is?
Breadline Bernie loves statism.
I think that you are being charitable.
Just spend a quadrillion and get it over with.
“Just pay for it” AOC.
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