How will you pay for it?
The short answer to ‘how we will pay for’ the Green New Deal is easy. We’ll pay for it just as we pay for all else: Congress will authorize necessary spending, and Treasury will spend. This is how we do it – always has been, always will be. The question isn’t how you pay for it, the question is how you prioritize it. We have the money, we just spend it on tax breaks for billionaires instead of the health of our democracy, our people and our planet. The costs to stop climate change pale in comparison to the financial burdens later if we fail to act.
Why do you call it the Green New Deal?
There actually is precedence in American history for the transformation of the economy we propose – the New Deal. We know it’s possible. It’s just about building the political will to get us there.
What do you say to people who think a Green New Deal as laid out in the resolution is unrealistic?
- The Green New Deal is common sense – we’re facing a massive crisis, and we need to transform our economy and our society to prevent it. We can use this as an opportunity to create millions of good jobs, and secure a livable future for our generation and our future.
- The folks detached from reality are the politicians who take fossil fuel money, propose tepid solutions to a mounting crisis, and expect our generation to applaud while we careen into catastrophe. The best scientists in the world are sounding the alarm and telling us we have just a few years to get on the right track. It’s time to wake up, write a plan, and get to work.