Ex-banker challenging Ocasio-Cortez in Democratic primary

Congresswoman Alexandria Ocasio-Cortez is facing a Democratic challenger in this year's primary. Ex-Wall Street banker Marty Dolan has announced his candidacy

Ex-banker Marty Dolan, left, is challenging Rep. Alexandria Ocasio-Cortez, right (Marty Dolan website, left; Ian Forsyth/Getty Images, right.)

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But Dolan says Ocasio-Cortez and her fellow socialists have gone too far, blasting their approach to the economy, crime and the illegal migrant crisis. 

"We are all for the ‘progress’ implied by the word progressive, however, within the progressive movement, there are radicals whose influence on the Democratic Party is overweight," Dolan wrote on his campaign website.

"The impact in NYC is obvious: bail reform a disaster, the National Guard in the subway, toothpaste locked up in drugstores but criminals running free, scarce resources directed to (non-sanctuary) immigrants coming from all over the world." 

He said these challenges must be addressed in the context of a runaway $34 trillion federal debt and the city’s 14% marginal tax rate. 

"Losing 500,000 taxpayers is unsustainable: fixing this must be our overwhelming priority," Dolan wrote. 

"The radicals can't deliver more than breadcrumbs when they ignore that the primary breadwinners are leaving and brush off taxpayer concerns in favor of abstract populist ideologies. Enough is enough."

Ocasio-Cortez created massive political upheaval when she unseated veteran Congressman Joseph Crowley in 2018. (Tom Williams/Getty Images)

He grew up in Westchester County like Ocasio-Cortez.

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Dolan called out Ocasio-Cortez’s efforts to help successfully stop Amazon from locating a new sprawling headquarters in Long Island City, Queens, and her support for diversity, equity and inclusion initiatives, according to Bloomberg.

He also accused Ocasio-Cortez of "importing immigrants and exporting decent contributing taxpayers," referring to residents who have fled to Florida and other states. The city has cared for more than 170,000 migrants, and the mayor estimates the bill will easily exceed $10 billion.

"There’s been nobody who’s more in favor of immigration than AOC, and there’s been no worse thing that’s happened in New York in the last year," Dolan told Bloomberg.

According to Bloomberg, Dolan’s platform includes plans to advocate for a new federal value-added tax and an additional luxury goods sales tax. The money would be used to reduce the national debt and state pension liabilities and would allow states like New York to lower income taxes. 

Fox News Digital reached out to Ocasio-Cortez’s office for comment but did not receive a reply.

Michael Dorgan is a writer for Fox News Digital and Fox Business.

You can send tips to michael.dorgan@fox.com and follow him on Twitter @M_Dorgan.

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