Birdwatch Note Rating
2022-12-29 23:43:48 UTC - SOMEWHAT_HELPFUL
Rated by Participant: A2A98041131F8FE4971AFC019B46865264C503482852E458D6ECD8324E162932
Participant Details
Original Note:
From https://www.whitehouse.gov/omb/briefing-room/2022/08/23/new-omb-analysis-the-inflation-reduction-act-will-significantly-cut-the-social-costs-of-climate-change/ The OMB speculates that climate related causes could reduce Federal revenues by 7.1% / year and increase spend by $25B - $125B / year by 2100 - nearly 78 years from now. This implies a 2100 budget of $28T which is 33% of the $18T 2023 budget assuming 2% / year growth.
All Note Details