Beam me to Planet Gore !
Posted on 06/09/2009 10:29:13 AM PDT by 2nd amendment mama
The non-partisan Congressional Budget Office (CBO) released its analysis of the Waxman-Markey bill, the proposed Democrat cap and trade national energy tax. The CBO report confirmed that every American will pay energy taxes, with “relief” being offered only to families earning less than $42,000 per year and individuals earning under $23,000 per year. The median household income in the United States is $50,233.
The CBO has made official what Republicans have been saying all along: the Democrats’ new planned carbon tax will have a staggering impact on the middle class. What happened to that “no new taxes” on the middle class pledge?
Rep. Dave Camp (R-Mich.), the ranking Republican on the House Committee on Ways and Means highlighted facts from the CBO analysis of the Democrat legislation engineered to increase energy prices in the United States.
“The President has repeatedly stated married couples earning less than $250,000 a year would not face higher taxes, but this legislation imposes an energy tax on every American and provides no help to families making more than $42,000 or individuals making as little as $23,000,” Camp said. “Increasing Americans’ fuel and utility bills in this recession is not only bad policy, but it completely ignores the hardships millions of Americans are already facing. This is dangerous legislation in desperate need of closer review.”
The CBO analysis also found that the bill imposes $846 billion in new national energy taxes that will affect every single American. It also creates several new federal programs and agencies that would cost taxpayers an average of $800 million annually for the first 10 years.
The tax burden to American families is expected to average $3,100 a year per household, depending on whether or not the energy supply in your area relies more heavily on coal. This new carbon tax will cripple industry and send millions of jobs overseas to countries such as China and India who have made it quite clear that they will not participate in any schemes to tax carbon emissions.
Democrat Stimulus Plan is Not Working
President Obama and Vice President Biden announced yesterday that they were increasing government spending authorized by the so-called stimulus bill due to dismal economic numbers. They tried to put a smiley face on the failed Democrat plan and offered more of the same, only faster, as a solution.
Rep. Mike Pence (R-Ind.) spoke to HUMAN EVENTS yesterday on the deleterious impact of the so-called stimulus plan.
“From April 25th we were at 6,351,000 and on May 23rd, we were at 6,735,000 claiming unemployment benefits. We’re tracking unemployment claims on GOP.gov since Democrats passed the so-called stimulus bill on February 28th,” Pence said. “At the time the legislation was passed, the unemployment claims were at 5,253,000; now they’re at 6,735,000. But that doesn’t sound like progress to House Republicans.
“In January, the American people were warned that without passage of the trillion dollar so-called stimulus bill, unemployment would reach over 9 percent. Well we passed the so-called stimulus bill, and unemployment is now 9.4 percent. The President told us if we passed the stimulus bill, unemployment would slow and peak at less than 8 percent. It’s now 9.4 percent. And of course, with a $1.8 trillion deficit and 9.4 percent unemployment, it’s time for a new approach.”
Obama lashed out against those who question the premise of his trillion-dollar government spending bill, saying, “I would suggest to them that they talk to the companies who, because of this plan, scrapped the idea of laying off employees and in fact decided to hire employees.”
Of course, the President did not give one example company. I’m sure if his folks could have found one that fit this scenario, Obama’s teleprompter would have told him to say it. The President at one point claimed that jobs would be saved by the so-called stimulus plan at a Caterpillar plant in Peoria if the bill passed. That wasn’t true and the President was publicly called on that disinformation.
There is an attempt underway to use the stimulus funding by one state to take away jobs from another state.
Columbus, Georgia Mayor Jim Whetherington has asked the federal government for money from the so-called stimulus funds to help finance the transfer of NCR Corp. from Dayton, Ohio, to Georgia. The mayor says he wants stimulus money to refurbish two buildings for NCR to make ATMs. The request is still pending.
Would these jobs fall into the “saved” or “created” category? Probably both using Obama math.
There is a bit of intriguing irony in the story. It was the Democrat Senator from Ohio, Sherrod Brown, who cast the deciding vote in the Senate to pass the “stimulus bill” earlier this year. How’s that working out for you, Senator?
Supreme Court Tells Obama ‘Not so Fast’
The United States Supreme Court yesterday ruled that the Obama administration cannot usher through the sale of Chrysler to Fiat without judicial review. Republican Study Committee Chairman Tom Price (R-Ga.) summed up the issue in a statement after the ruling came down from the high court.
“This is an encouraging sign for those of us who believe that the President cannot simply abrogate contracts and implement his will at the expense of the law,” Price said. “President Obama has shown an overzealous willingness to meddle in the affairs of private businesses, and it may have finally caught up to him. Rather than honoring Chrysler’s commitments to those with secured debt, the President just handed over the corporation to Big Labor. It seems that those who should lawfully be at the front of the line will see at least a temporary reprieve from the administration’s heavy-handed intervention tactics. With hearings before the Supreme Court coming soon, I hope that the rule of law will ultimately be upheld and all parties receive a fair and adequate ruling.”
It was a lie, that Ameriqans believed.
Higher prices from government manipulation?
That’s what blackmarkets are for. Ask any Russian.
More rope please, for the president.
no, it was a lie that 55% of americans believed.
fixed
Yes, it is nice that the Supremes are getting involved. But, consider how thin the thread of due process has become when the stay depended on Ruth Bader Ginsberg.
Sort of...what they believed was the govt would steal from some one else so they might be enriched. In short govt theft is all the rage so (royal) we can have Free Things.
ping
1. I doubt that Ginsburg did this in a vacuum. She was consulting with other Justices all the way.
2. The proper spin is that: "Obama is so far out there that even Ruth Bader Ginsburg thought he went too far."
As for the “carbon energy Tax” I will consider disconnecting my Electricity at home and Pay nothing.
I could use the money that comes with a missing monthly electric bill. I can buy a lot of battery powered lights and use the Internet via iphone or sprint network.
I might have to eventually reconnect for the winter.....but maybe not, I have a fireplace and plenty of blankets.
Back to the 1800’s for me.
I would only have to do this until the next Election Cycle FIRES all the Congress/Senators that Voted for this.
Small price to pay for Repeal of this Tax.
Disconnecting isn’t the best option for the vast majority of people - what are you going to do about refrigeration, A/C in the summer, etc. Battery-powered lights are hideously expensive. I-Phone? How are you going to charge that sucker up?
Get the compact flouresent lights and put them everywhere; insulate your house, cut the TV and A/C to a minimum, etc., etc. You really have no other choice in the short term. Longer term, get rid of the SOBs that vote for this in DC - and put in people that want to massively build nuke plants, drill for more oil, open up the shale oil fields in the Colorado Rockies and North Dakota, and build refineries. But don’t cut off your nose to spite your face.
Back to the 1800’s for me.”
You may be able to do such a thing, but those of us who live in rural areas pump our own water out of our own wells.
We cannot just disconnect. Animals need water.
“have to keep Well pumps going for Animals”
If enough City people keep their Electricity turned off, your support would not be needed. The cow flatulance Tax is in this draft for taxes, that’s an issue of enforcement. There is already a feed that claims to eliminate Cow flatulance.....Who is going to measure anyhow ?
On average $3100 a year! I cant squeeze another $250+ a month out of my pay.
That’s common sense advice. Especially the latter - this is going to be a politically manufactured crisis that can only be solved politically.
And most obama voters are so poorly educated that they can listen to this and think obama is only going to fleece the top 5% with 95% of us taking a tax cut. Even if they understand, they're okay with his theft as long as they are the lst victims. I'm ashamed of what my country voted for.
“The tax burden to American families is expected to average $3,100 a year per household, depending on whether or not the energy supply in your area relies more heavily on coal. This new carbon tax will cripple industry and send millions of jobs overseas ...”
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FINALLY, there are beginning to be more accurate reports of the COST of this absolute madness by our Congresscritters and President. Up to this time, I’ve seen so many “a few hundred dollars for increased electricity costs and heating” stories, but completely ignoring the increased costs of EVERYTHING you purchase from pins and needles to restaurant meals and trips to the zoo! The FACT is that the DESIGN of the “CAP AND TAX” madness IS to FORCE people into a LOWER STANDARD OF LIVING by increasing the cost of everything that uses energy! Tell me, someone, anyone, what that does NOT include? Even love has an energy cost!
SNOBama STATED that he was going to raise the cost of electricity, but that was only a small part of the true cost of this attempt to reverse the Industrial Revolution.
The $3100/yr cost is getting more realistic. However, in a betting parlor, and an “over/under” bet - I would definitely take “OVER”, and even allow the bookie to have the full $3000-$3200 range.
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