| Estimated Total Cost of the Climate Protection Plan (From 2014-2030) | Total US Tax Revenue for 2014 | Total US Government Spending for 2014 | Average Annual Real GDP (From 2014-2030) | |
|---|---|---|---|---|
| Dollars (In Trillions) | 0.8032 | 5.7 | 6.3 | 21.5 |
Sources:
truth-out.org, usgovernmentspending.com
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President Obama recently unveiled a proposal to cut carbon emissions by forty percent from their 2005 levels. The plan is expected to cost 50.2 billions dollars a year from now until 2030, a figure that represents only .2 percent of average annual real GDP.