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Obama’s 2015 Budget: Wish List Climate Spending ($10.8 billion for what?)

By Megan Toombs -- March 12, 2014

The federal government is $17.5 trillion in debt with this amount increasing at more than a half-trillion per year. Yet the Obama Administration has just proposed a budget that increases spending. It’s business as usual in D.C.!

President Obama Fiscal Year 2015 Budget, released last week, is a wish-list for the Administration’s pet programs. It has already been derided by the Republican-controlled House of Representatives, but that does not make it irrelevant. It signals the goals of the Obama Administration going forward.

Included in the $3.9 trillion budget is $10.8 billion earmarked for climate change-related initiatives in addition to the $7.9 billion EPA budget. That makes a total of $18.7 billion of your money.

Where would this money go?

Climate Resilience Fund: $1 Billion

The Climate Resilience Fund, created to aid Americans preparing for a changing climate.