GAO study: Damage to agriculture from climate change

Studies show the Southeast, Midwest, and Great Plains regions will likely experience greater combined economic effects compared to other regions.The GAO advised  that $350 billion is being spent by the federal government in 2017 because of extreme weather and fire events. GAO believes these numbers will increase and that floods and drought once considered rare will become more common and intense because of climate change. The letter to the senators indicates “A November 2016 assessment by the Office of Management and Budget (OMB) and the Council of Economic Advisors found that recurring costs that the federal government incurred as a result of climate change could increase by $12 billion to $35 billion per year by mid-century and by $34 billion to $112 billion per year by late century