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Using accounting practices that would land any of us mere mortals in Club Fed, they cut the total by only financing a few years of the programs. In reality they know that none of these handout programs ever get discontinued so in reality (an unknown land in DC), they have cut nothing.
“Failure to act on climate change would have far-reaching consequences in the U.S. and abroad. Inaction, proponents of big efforts say, could cost the U.S. billions of dollars in weather-related disasters and threaten to uproot millions of Americans in hurricanes, wildfires, droughts and floods.”
Yes, us humans will really stand a chance against those pesky HURRICANES, WILDFIRES, DROUGHTS, and FLOODS!!! Maybe soon after we eliminate these things, we can slow the rotation of the earth to give us an extra few hours each day to get something important done.