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  • House of Representatives Puts Politics and Special Interests before American Consumers

    The Waxman-Markey Cap and Trade bill passed by a narrow margin tonight, 219 to 212, with 8 Republicans supporting and 44 Democrats voting against– hardly overwhelming support. So, one of the largest tax revenue-generating bills in history passed the House of Representatives on a 7 point margin in a 435-seat chamber. … More

    We're Going Green with Cap and Trade

    From the Tax Foundation: [youtube]http://www.youtube.com/watch?v=Si-htSSHxsE[/youtube] Be sure to check out the top related video as well.

    Why are Businesses Helping to Shape a Cap and Trade Bill That will Inevitably Hurt Them?

    Someone please answer that question. Let’s start with this: a new study from the University of Wisconsin-Madison finds that food and energy demand will outpace production to meet those needs over the next several years. The need for greater energy and food production and the jobs that could be created from … More

    UN Admits Cap and Trade is Harmful: Congress Should Discuss Border Tax Adjustments

    A paper released today by the United Nations Environment Program and the World Trade Organization acknowledged that cap and trade legislation would be expected to have significantly harmful economic consequences, likely including a serious loss of international competitiveness. In response, governments considering such a policy would likely want to consider … More

    Morning Bell: Waxman-Markey an Energy Tax That Doesn't Work

    Later today, the House of Representatives is slated to vote on the most convoluted attempt at economic central-planning this nation has ever attempted: cap and trade. The 1,200-plus page Waxman-Markey climate change legislation is nothing more than an energy tax in disguise that by 2035 will raise: Gasoline prices by … More

    Cap and Trade Hits the Poor the Hardest

    The Congress of Racial Equality (CORE), best known for its pioneering work in the civil rights movement, has joined an increasingly loud chorus calling out proposed “cap-and-trade” legislation as a regressive tax, and a steep one at that. Roy Innis, CORE National Chairman since 1968, writes: The civil rights challenge … More

    President Obama, You Forgot a Word in Your Cap and Trade Speech

    When pressing the House of Representatives on the Waxman-Markey cap and trade bill, President Obama remarked, Make no mistake: This is a jobs bill. Insert “killing” between “jobs” and “bill,” and you have yourself an accurate statement. Cap and trade is a jobs-killing bill. According to The Heritage Foundation analysis … More

    Waxman Markey Cap and Trade's Biggest Losers: Transportation

    The auto industry has long been a target of environmental activists. The push to put American consumers in smaller cars has been made quite clear. First, the Obama Administration enacted higher fuel efficiency standards – standards laden with unintended consequences. Now Congress is considering a cap and trade proposal that, … More

    Waxman Markey Cap and Trade's Biggest Losers: Chemical Plants and Chemicals

    When it comes to cap and trade, Texas Congressman Gene Green asserted, I’d like to vote for a bill, but I’m not going to vote for one unless I think it’s going to be good for the area I represent.” He went on to say his district had “more chemical … More

    Waxman Markey Cap and Trade's Biggest Losers: Wood Products

    One of the advantages of The Heritage Foundation’s economic analysis of the Waxman-Markey climate change bill is we can determine out who loses most of all the losers. We’ve detailed the negative impacts cap and trade would have on farmers, manufacturers and construction workers. This time, it’s the wood product … More