By Chris White
Democratic New York Rep. Alexandria Ocasio-Cortez ripped one of her critics Thursday for suggesting the Green New Deal would cost Americans a fortune and require the government to confiscate every penny from billionaire and multimillionaires.
Ocasio-Cortez scolded conservative columnist Jonah Goldberg Thursday for saying in a tweet that taking every dollar from the likes of Bill Gates, Jeff Bezos, and others would not “cover a fraction of your Green New Deal fantasy.”
“Totally get it if you’ve never bothered to read the legislation you’re commenting so authoritatively on,” Ocasio-Cortez wrote in reply before noting that the GND is a “non-binding resolution of values” and “costs us $0 if passed.”
Man this is so dumb and dishonest. You could confiscate every penny held by every billionaire and multimillionaire in America and it wouldn’t cover a fraction of your Green New Deal fantasy. https://twitter.com/AOC/status/1260678597666275328 …Alexandria Ocasio-Cortez
If only there were some public fund billionaires could pay into along with everyone else that helps fund our infrastructure, hospitals, and public systems all at once.
It could even be a modest % of what they earn every year. We could have an agency collect it and everything https://twitter.com/teddyschleifer/status/1260663481725943808 …
Hey there! Totally get it if you’ve never bothered to read the legislation you’re commenting so authoritatively on.
The Green New Deal is a non-binding resolution of values. It does not have a price tag or CBO score and costs us $0 if passed.
Amendments – H.Res.109 – 116th Congress (2019-2020): Recognizing the duty of the Federal Government…
Amendments to H.Res.109 – 116th Congress (2019-2020): Recognizing the duty of the Federal Government to create a Green New Deal.
Ocasio-Cortez’s signature legislation calls for several progressive proposals, including moving the United States off of fossil fuels within a decade, providing universal health care, basic income programs, and job guarantees, as well as a slew of other ambitious plans.
The GND would cost $0 if it remained a non-binding resolution and was not coupled with legislation satisfying the deal’s agenda.
Several reports have determined that legislation actually enacting the GND would be an expensive boondoggle.
The GND would cost households an average of between $74,287 and $76,683 in Colorado, Michigan, and Pennsylvania, a February report from the Competitive Enterprise Institute noted.
CEI, a conservative-leaning think tank, incorporated the costs of electricity production within the first year after Ocasio-Cortez’s deal’s implementation and the costs of a one-time upgrade to buildings and vehicles.
They also determined how the plan’s mandate would increase the cost of logistics in a modern American economy.
Other reports have reached similar conclusions.
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