To put that in perspective, the U.S. national debt — which tallies the collective debt that the nation has accumulated over the entire course of the republic's history, to-date — presently stands at $22.4 trillion. Put another way, according to Holtz-Eakin's calculations, the "Green New Deal" would single-handedly amount to somewhere roughly between a 300% to 500% increase in our national debt.
On Wednesday, The Hill reported that its Capitol Hill reporter asked Ocasio-Cortez to again produce a fiscal estimate of the cost of her plan. According to the outlet, Ocasio-Cortez claimed that the national investment would require $10 trillion — thus single-handedly increasing the national debt by roughly 50% — just "to have a shot":
https://www.dailywire.com/news/48131/aocs-latest-green-new-deal-price-tag-10-trillion-josh-hammer
On Wednesday, The Hill reported that its Capitol Hill reporter asked Ocasio-Cortez to again produce a fiscal estimate of the cost of her plan. According to the outlet, Ocasio-Cortez claimed that the national investment would require $10 trillion — thus single-handedly increasing the national debt by roughly 50% — just "to have a shot":
Freshman Rep. Alexandria Ocasio-Cortez (D-NY) said Wednesday that any plan to sufficiently address the climate crisis will need to cost at least $10 trillion.
"I think we really need to get to $10 trillion to have a shot," the progressive firebrand said in response to a question from The Hill in the Capitol.
"I know it’s a ton," she added. "I don’t think anyone wants to spend that amount of money, it’s not a fun number to say, I’m not excited to say we need to spend $10 trillion on climate, but ... it’s just the fact of the scenario."
https://www.dailywire.com/news/48131/aocs-latest-green-new-deal-price-tag-10-trillion-josh-hammer