Luckily for us, the Environment and Public Works Committee thwarted an effort by the Senate to push through a bill by Kerry-Boxer on the damaging cap-and-trade legislation being pushed by the current administration.
According to the Congressional Budget Office and The Heritage Foundation reports, this bill would cost a family of four around $3,000 per year, cost 2.5 million jobs by 2035 and produce a cumulative Gross Domestic Product loss of $9.4 trillion between 2012 and 2035.
The Environmental Protection Agency and Kerry-Boxer say that it will only cost between $80 and $111 dollars per year but their numbers don’t add up.
According to this bill, they are relying on doubling the number of nuclear power plants, which would mean building another 100 plants even though they never put that number in their bill.
The problem with this is that it also gives the government more power over the private sector. But just as with oil, coal and natural gas, the less government intervention the better.
This is nothing more than a power grab and huge tax increase put upon the American taxpayer, not to mention a lucrative business opportunity for Al Gore.
What they don’t tell you is that temperature does not follow CO2, CO2 follows temperature. And, by the way, Debbie Halvorson voted for this bill and I can tell you first hand she knew not what she voted for. Don’t take my word for it, check it out!
Thomas Morgan, Bloomington
Posted in Mailbag on Sunday, November 22, 2009 12:00 am Updated: 5:53 pm.
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