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Rep. Alexandria Ocasio-Cortez, DN.Y., and Sen. Ed Markey, D-Mass., Are preparing to introduce the "Green New Deal" Bill, marking a big step forward in the implementation of the "Green New Deal" bill. a vast package of government-sponsored programs aimed at radically transforming the US economy.
Axios reported for the first time that lawmakers could introduce a bill as early as next week, although details remain vague and it is unclear to what extent the proposal will stick to the Ocasio-Cortez draft document .
A Markey spokesman confirmed to Fox News that the two lawmakers were working together – on a proposal that has become a rallying cry on the left.
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Although no legislative text is available for the Markey / Ocasio-Cortez proposal, the Ocasio-Cortez draft proposed a sprawling government expansion that would negate the New Deal of the FDR. described this project as "an economic mobilization plan, focused only on the war period, aimed at achieving 100% renewable energy".
The draft text sought to address the challenges of income inequality and climate change. Create a plan and define a framework that includes the elimination of greenhouse gas emissions from manufacturing and agriculture, as well as the "dramatic" expansion of energy sources to meet 100% of the demand for energy produced from renewable sources. The text calls this a "historic opportunity to virtually eliminate poverty in the United States and put prosperity, wealth and economic security within the reach of all those involved in transformation."
SOCIALISM INCREASES: THE PLURALITY OF DEMOLDS WE WANT TO SOCIALISM, ACCORDING TO POLL NEWS FOX
The plan goes well beyond environmental measures. It does, however, offer an exhaustive list of promises made by the left, such as an employment guarantee program, minimum income programs, universal health care, and so on. may consider it appropriate to promote economic security, labor market flexibility and the entrepreneurial spirit. "
To cover what would likely be a huge cost, he is considering funding that would be realized by" the federal government, using a combination of the Federal Reserve, a new public bank or system of regional and specialized public banks, fund of public risk capital and other vehicles or structures that the committee restricts in order to ensure that the interest and other investment income generated by the public investments made under the scheme are returned to the CRF, reduce the burden on taxpayers and increase investment. "
As it now stands, such a proposal would surely be dead upon its arrival in the Republican-controlled Senate, and eventually in the House, where it is unclear whether a majority of Democrats would support a plan. is possible that the plan proposed by Markey and Ocasio-Cortez is a reduced version.
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The broader idea of the Green New Deal, formerly an idea in party margin, garnered traditional Democratic support – a sign of the democrat party's fall to the left in recent years
An analysis by Fox News this month showed that at least eight current and potential candidates Democracy 2020 expressed support for or touted aspects of the proposal – including Sens. Elizabeth Warren, D-Mass., and Cory Booker, DN.J.
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