Meanwhile, economic growth would most likely have been unhindered. A carbon tax might have hampered short-term growth on the margins, but the drag would be lost in the wash of other macroeconomic trends and events. If used to cut other taxes, a carbon tax might have even helped create growth. With higher federal revenues, there would less federal debt, lower federal taxes, or possibly more spending on climate adaptation. Internationally, the United States would have a credible claim to climate leadership, which would also make other countries more inclined to listen to, and follow, the nation on other geopolitical issues.