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Will Government Cap Our Potential For Nothing?
Fox News, the Heritage Foundation ^ | 7/6/09 | Kelly Estes

Posted on 07/06/2009 8:43:31 AM PDT by StopBigGovt

How would you like the government to reduce what you live on yearly, kill a vast number of jobs in America, all in hopes of reducing the temperature of the earth by two-tenths of a degree by 2099?

According to Ben Lieberman of the Heritage Foundation, a family of four will experience the following due to the consequences of the Cap and Trade bill, which passed the U.S. House of Representatives on June 26 and now goes to the U.S. Senate:

$436 average increase in energy costs in 2012 $1,241 energy bill in 2035 Electricity costs will increase by 90% by 2035 Gasoline costs to increase 58% by 2035 Natural Gas costs to increase by 55% by 2035 Total cost of Waxman-Markey to family of four: $2,979/year from 2012-2035. The energy costs spike to more than $4,600 by 2035.

The kicker is the EPA study calling into question global warming, which was conveniently 'buried.'


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: capandtrade
Cap and Tax punishes businesses and American citizens by taxing energy usage. Why is this even being considered, particularly since an EPA study (which was 'buried') states there is no reason to regulate carbon dioxide?
1 posted on 07/06/2009 8:43:32 AM PDT by StopBigGovt
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To: StopBigGovt

It shovels money out of your pocket and gives it to “the right people”. Our government is now just an extortion racket, and we are the patsies.


2 posted on 07/06/2009 8:45:21 AM PDT by ClearCase_guy (I don't believe anything anyone says about anything anymore.)
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To: StopBigGovt
Our government is making us all sick!

It's time to make them puke!

3 posted on 07/06/2009 8:51:28 AM PDT by IbJensen (If Catholics voted based upon the teachings of the church, there would be no abortion and no Obomba.)
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To: StopBigGovt; Little Bill; IrishCatholic; Normandy; According2RecentPollsAirIsGood; ...
 


Beam me to Planet Gore !

4 posted on 07/06/2009 10:44:36 AM PDT by steelyourfaith ("The problem with socialism is that you eventually run out of other people's money" - Lady Thatcher)
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