Political Quotes

“Mr. President, last week, the junior Senator from Massachusetts and the Congresswoman from the 14th District of New York reintroduced their Green New Deal resolution. I think most Americans remember this socialist fantasy from when these Members introduced it 2 years ago. It would be hard to forget a proposal with that pricetag. There was one think tank that analyzed the initial proposal and released a first estimate that found that the Green New Deal would cost between $51 trillion and $93 trillion over 10 years. Let me just repeat that--between $51 trillion and $93 trillion over 10 years. To put that number in perspective, our entire Federal budget in 2019--our entire Federal budget--was well under $5 trillion. It would be interesting to learn where we are going to get that kind of money. A massive tax hike on the rich wouldn't get us close to paying for this, but I don't think I am the only one who isn't sure where we would get the money for this. I don't think the plan's authors have a very clear idea of that either. In fact, the entire Green New Deal resolution is notable for its complete lack of specificity. It proposes outlandish, impossible goals, like upgrading every single building in the United States--every single building--in the next 10 years for maximum energy and water efficiency, as well as comfort, but it offers zero--zero--specifics for how we might actually accomplish them.…”