Why the US can’t afford a Green New Deal

Why the US can't afford a Green New Deal

Green New Deal creates divisions among 2020 Democrats 03:10 Jeffrey Miron is director of economic studies at the Cato Institute and the director of graduate and undergraduate studies in the Department of Economics at Harvard University , where Laura Nicolae is a student and research assistant. The opinions expressed in this commentary are their own; view more opinion at CNN.

(CNN)As the list of Democratic presidential candidates grows, so do their promises. So far, the candidates have largely embraced the same policy focus: expanded entitlement spending to guarantee new welfare benefits.

Massachusetts Sen. Elizabeth Warren recently endorsed a universal federal provision […]

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