House Democratic leaders must be in a state of shock. The EPA announced that the Waxman-Markey Bill, the cap-and-trade bill, would not “materially effect global carbon concentrations in the atmosphere.” Why then are Americans being asked to take on $9 trillion ($9,000,000,000,000) worth of spending from 2012-2050 for nothing? Sen. Inhofe (R - Okla.) said “that unilateral action by the U.S. will be all cost for no climate gain…. acting alone through the job-killing Waxman-Markey bill would impose severe economic burdens on American consumers, businesses, and families, all without any impact on climate.”