"But to truly transform our economy, to protect our security, and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy. So I ask this Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America. That's what we need. (Applause.)"
Percentage Change in Real GDP
Under the American Clean Energy and Security Act of 2009
Hoven's Index for December 3, 2009
Size of various federal government expenses as percent of GDP, in 2007:
Defense: 4.0%.
Grants to state and local governments for payments to individuals: 2.1%.
All other grants: 1.1%.
Net interest on debt: 1.7%.
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