Image by I saw_that via Flickr
Updated: Feb. 10, 2019 and Feb. 12, 2019
by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
January 27, 2019
The Green New Deal endorsed by Alexandria Ocasio-Cortez and more than 40 other US Representatives has been criticized as imposing a too-heavy burden on the rich and upper-middle-class taxpayers who will have to pay for it, but taxing the rich is not what the Green New Deal resolution proposes. It says funding will come primarily from certain public agencies, including the Federal Reserve and “a new public bank or system of regional and specialized public banks.”
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