A couple of posts previously I tried to ballpark the costs of the entire Green New Deal.
I wrote, ” The (rough) annual cost estimates of implementing the Green New Deal to range from $2.65 trillion to $5.88 trillion. Almost all of the variance is due to the differences in estimates for healthcare.”
Today I would like to split out the costs, showing what the annual costs are for the environmental portion vs. the economic part. I’ll do it with the high end estimate of $5.88 trillion.
Medicare for All: $3.2 trillion
Affordable, safe, and adequate housing (solving homelessness): $9.3 billion
Upgrading schools and public housing: $6.8 billion
Economic security (universal basic income to those earning less than $61K/year): $768 billion
Providing resources, training, and high-quality education, including higher education, to all people of the United States: $32.5 billion
Total annual spend on non-environmental aspects of Green New Deal, high range estimates: $4.016 trillion.
68% of the annual cost of the Green New Deal is non-environmental.