Green New Deal to Cost Every US Household $65,000 a Year

Green New Deal to Cost Every US Household $65,000 a Year
AP Photo/Kevin Hagen

The Green New Deal could cost up to $93 trillion over a decade, according to a new report by the right-leaning American Action Forum (AAF).

That comes to an estimated cost of $36,100 to $65,300 per American household per year to meet the Green New Deal's goals, AAF reported Monday. Those goals include “net-zero” emissions, widespread high-speed rail, guaranteed jobs, universal health care and upgrading every building.

Thus, the potential cost of the Green New Deal could range from 63 percent of the median to nearly 106 percent of what the average household earns a year. The median U.S. household income was $61,372 in 2017, according to government figures.

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