One hundred billion dollars each year.
Now we live in an era of huge numbers that become meaningless when the government is involved. Who can really comprehend a $17,000,000,000,000 debt? It is too massive to understand. Still what is being proposed is a massive robbery of future generations. With around 330 million Americans that means each man, woman and child is on the hook for $300. My family of ten would be on the hook for over $3000 a year in perpetuity because once this flow of money starts it will never end.
How in the world are we supposed to add one hundred billion in spending that is as good as lighting piles of money on fire? Look at the graft and corruption that accompanied "green energy" in America (Solyndra anyone?). Look at what happens to charitable giving to third world countries after disasters. Lots of it just disappears. Look at Haiti for example. This whole scheme has theft written all over it. The NGOs are going to line up for free money from "developed nations" and there is of course going to be no oversight. After all we are "saving the planet". This is nothing less than generational theft, money stolen from the citizens of developed nations to be given to...well someone but you can bet that the average family in a developing country won't see a nickel of that money or an ounce of improvement. These NGOs and "green energy" companies that will be the beneficiaries of this "generosity" might as well pull up to the U.S. Treasury wearing masks and carrying guns.
America is already buried in debt and unfunded mandates. Europe is the same. The notion of dumping a hundred billion each on something this stupid is pretty insane even by government standards. Instead of enriching the selected beneficiaries of this scam how about not spending that money in the first place and paying down the debt/paying for promises made to retirees?
Probably not. That would make sense.