Obama Blew $120 Billion on Global Warming Projects – 80% Went to Top Donors
In January 2013, during his second Inaugural Address, Barack Obama promised to blow billions of taxpayer dollars on more global warming junk science projects.
Via Watts Up With That:
After all, his donors have to get paid. Eighty percent of Obama’s green energy “investments” his first term went to committed donors.
Much of the money Obama invested in his green projects was lost. During his first term over 19 of Obama’s green ventures went belly-up after receiving billions of taxpayer dollars.
Sen. James Inhofe (R-Okla.), ranking member of the Senate Armed Services Committee, said Wednesday at a hearing on the Defense Department’s Fiscal Year 2015 budget that President Barack Obama has wasted $120 billion on global warming over the past five years – money that would be better spent on the military.
“I’ve been working on this for quite some time … In the last five years, between 2009 and 2014, the president has spent $120 billion on the environmental agenda, mostly global warming, climate and that type of thing,” said Inhofe. “And in that respect, if you’ll just take the amount that was not authorized by Congress — and I’m talking about the environmental agenda, you could actually buy 1,400 F-35s.”