Report: Democrats Are Giving Away $1 Trillion In Taxpayer Funds For ‘Green’ Hoax Subsidies

The Democrats are raping, pillaging and routing America – us -using bigger and bolder lies than the emperor’s new clothes.

A friend asked me to put together some bullet points on climate change for their young son, who is just learning that he's supposed to be worried about the topic

Quick & dirty summary, I'm sure I got some stuff wrong pic.twitter.com/lmBcyoYoJe

— Bachman (@ElonBachman) November 10, 2023

Climate hoax-killling graph:

CO2 emissions don't cause warming.

Warming causes more natural CO2.

The climate hoax has physical reality exactly backward.https://t.co/uplX39TLmc pic.twitter.com/mVPLj4Nf2V

— Steve Milloy (@JunkScience) October 27, 2023

So we have warnings of up to 25cm of snow ❄️
Yet 24 years ago @Independent warned us that our children wouldn’t see snow. They have removed and ‘archived’ that article now. The ‘experts’ that wrote this stuff then are the same sort of climate experts who say we are in a climate… pic.twitter.com/QPvpbIxJvM

— FreeByTheSea (@Free_ByTheSea) February 8, 2024

Another totally fabricated climate claim from the @CopernicusEU:

1. There is no baseline, preindustrial average global temperature — no satellites 170 years ago.
2. There is no current average global temperature — even with satellites.
3. There is no such thing as average… pic.twitter.com/KKYd5Q9ZdD

— Steve Milloy (@JunkScience) February 8, 2024

The following graph illustrates why CO2 is beneficial to the planet and should not be considered a danger. Additionally, CO2 in the atmosphere tends to be a result of global warming, not its cause. pic.twitter.com/PDsuO7uXGg

— Dr. Simon Goddek (@goddeketal) December 27, 2023

Climate change destroyed in less than 60 seconds pic.twitter.com/lFZYRRRnQ4

— redpillbot (@redpillb0t) February 8, 2024

This graph, extending over the last 500 million years, challenges the simplicity of the CO2-heat paradigm. Contrary to the straightforward equation of higher CO2 equating to increased planetary warmth, the record exposes eras where a surfeit of atmospheric CO2 did not correspond… pic.twitter.com/IjXUwzamJo

— Dr. Matthew M. Wielicki (@MatthewWielicki) December 13, 2023

There's a reason @NASAClimate omitted to put global temperature on its graph (left).

Because the modern era CO2 spike has had no effect on temperature. pic.twitter.com/XPDWPwxFEr

— Steve Milloy (@JunkScience) December 28, 2023

Report: Democrats Are Giving Away $1 Trillion In Taxpayer Funds For ‘Green’ Subsidies

By: Christopher Jacobs, The Federalist, February 08, 2024

During his time in the Obama administration, then-Vice President Biden once infamously proclaimed that we had to “spend money to keep from going bankrupt.” When he became president, he kept his word — at least when it comes to spending.

In an appearance before lawmakers last week, Congressional Budget Office (CBO) Director Phillip Swagel testified that the cost of the green pork provisions included in Democrats’ 2022 Inflation (Reduction) Act is likely to total $1 trillion. Unsurprisingly, the Biden administration figured out even more ways to spend money beyond what Congress, and the CBO, originally projected 18 months ago.
Preview of Fiscal Outlook

Swagel’s testimony largely focused on the accuracy of CBO’s budget projections — i.e., did fiscal conditions in prior years turn out as the budget gnomes forecast? But at the end of his prepared remarks, he turned to the upcoming release of the budget and fiscal baseline. How does CBO project the nation’s fiscal status in the coming decade?

In previewing that document, Swagel included a big admission: “We are now projecting that several developments affecting energy-related tax provisions, many of which were part of the 2022 reconciliation act [i.e., the Inflation (Reduction) Act], will add about $400 billion to the deficit over the 2024-2033 period.”

CBO and the Joint Committee on Taxation (JCT) had previously estimated that those provisions would cost approximately $570 billion over a decade — approximately $17 billion in outlay effects, representing spending for people and entities who have no income tax liability, and $553 billion in reduced revenues. Including an additional $400 billion in deficit spending would bring the total of these “green pork” provisions to $970 billion, or just under the $1 trillion mark.

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Unilateral Spending

When it comes to this new estimate, three elements are worth emphasizing. First, to the extent that the original $570 billion in spending was paid for, it came from 1) raiding the Medicare program and 2) creating an army of new IRS employees to harass Americans into coughing up more tax dollars. Now CBO admits that even these onerous provisions will not be enough to pay for all the new green subsidies Democrats included in their law.

Second, note CBO’s explanation for the increase in its projections on these subsidies:

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