Liberals have spent the past two weeks asking Congress to write a blank check for federal disaster funding. They’ve concentrated their attacks on House Majority Leader Eric Cantor (R-VA) for seeking offsets in other areas of the budget to cover the additional aid. They’ve portrayed Cantor as a callous conservative, suggesting that his stance is extreme and hypocritical. The facts tell another story. The Wall Street Journal reveals that it’s actually congressional Democrats, not Cantor, standing in the way of additional disaster funding. House Republicans have offered a plan that …
In order to get the Waxman Markey cap and trade bill through the House Energy and Commerce Committee, handouts had to be given. The basic idea behind cap and trade is to put a price on allowances, or the right to emit carbon dioxide. President Obama’s budget proposal suggested a 100 percent auction of these allowances so companies would bid on the right to emit. Businesses, knowing very well their companies would be severely affected, sent their best lobbyists to Washington to protect them. And it worked.
