Bernie Sanders has unveiled his own version of the Green New Deal which expands upon the one promoted by Alexandria Ocasio-Cortez and includes some actual dollar figures. The grand total associated with this plan, according to Sanders, is $16.3 trillion dollars. But Sanders claims all of that would be paid for in fifteen years from a combination of new taxes and cuts in other government spending. Sanders’ plan is quite expansive but here are some of the noteworthy goals:

As for the cost and how to pay for it, Sanders is extremely optimistic about that.

This plan will pay for itself over 15 years. Experts have scored the plan and its economic effects. We will pay for the massive investment we need to reverse the climate crisis by:

  • Making the fossil fuel industry pay for their pollution, through litigation, fees, and taxes, and eliminating federal fossil fuel subsidies.
  • Generating revenue from the wholesale of energy produced by the regional Power Marketing Authorities. Revenues will be collected from 2023-2035, and after 2035 electricity will be virtually free, aside from operations and maintenance costs.
  • Scaling back military spending on maintaining global oil dependence.
  • Collecting new income tax revenue from the 20 million new jobs created by the plan.
  • Reduced need for federal and state safety net spending due to the creation of millions of good-paying, unionized jobs.
  • Making the wealthy and large corporations pay their fair share.

Does this sound a bit vague to anyone else? The wealthy and corporations can’t pay for this plan. Neither can fossil fuel companies that are shrinking and being driven out of business in the United States. As for scaling back military spending, we spend about $700 billion a year on the military. How much of that does Sanders think is devoted to Navy ships in the Gulf of Oman?

Also, don’t forget this isn’t Sanders’ only big plan. He’s also promoting free college and Medicare for All, the latter of which would likely cost about double his Green New Deal proposal. So you can think of this as less than a third of the spending Bernie has in mind. Ultimately, the only way this happens is massive tax increases on the middle class. And once you tell people that, support for these plans drops dramatically.

Even if Sanders were elected president, most of this plan (all the parts involving new spending, taxes, etc.) would need to be passed by Congress. Even if the Democrats had control of the House and Senate under a Sanders administration, there wouldn’t be enough support to pass this. Remember, many of the Democrats who won close elections in purple suburban districts in 2018 are fairly moderate. The Squad may be making a lot of headlines but Sanders would need a full Company of like-minded Democratic Socialists to get this through Congress. That’s not going to happen anytime soon.