On the recordFebruary 25, 2019
I applaud and give my thanks and gratitude to the gentleman from Washington for his efforts in leading this today, and to the Congressional Western Caucus and the members who are exposing what is really not a Green New Deal, but really is a green socialist manifesto. Here is what we need to understand about this. This is so broad and expansive, as Mr. Newhouse has said, it will, basically, invade every aspect of every American's life, and it will cost tens of trillions of dollars to implement. How will we pay for that? We are going to pay for that with crushing new taxes on individuals, families, and companies. We are going to destroy the current foundation of our entire American economy. There will be more borrowing, not just from the public sector, but from the private sector. The public sector is in trouble because the Federal Government just hit $22 trillion of national debt. The question is, what will the impact of this be on the environment? It would do little to solve the alleged problem of carbon in the atmosphere because the United States is no longer the primary source of carbon emissions. Between 2005 and 2017, our Nation has reduced CO<INF>2</INF> emissions by 862 million tons. Today, the U.S. is responsible for only 15 percent of global CO<INF>2</INF> emissions. During roughly the same period, China increased its emissions by 4 billion tons and India by 1.3 billion tons.…
Source
govinfo.gov




