The Waxman-Markey Global Warming Tax would have a devastating effect on our economy. But don’t just take our word for it. This week we’ll be sharing the opinions of other organizations who agree that Waxman-Markey will cause massive unemployment and drive energy prices up for all Americans. Today: Washington Post writer Steve Pearlstein Waxman and Markey are wily and experienced politicians, so it is a fair assumption that the bill their committee passed last night in a 33-25 vote is pretty close to what the U.S. political system is now …
KILLS MORE JOBS AND KILLS THE ECONOMY Cap and Tax Top Ten List Cap and Trade Is a Massive Energy Tax It Will Not Make a Substantive Impact on the Environment It Will Kill Jobs It Will Cause Electricity Bills and Gas Prices to Sharply Increase It Will Outsource Manufacturing Jobs and Hurt Free Trade It Will Make You Choose Between Energy, Groceries, Clothing, and Haircuts It Will Be Highly Susceptible to Fraud and Corruption It Will Hurt Senior Citizens, the Poor, and the Unemployed the Worst It Will Cost …
Today the House Energy and Commerce Committee will begin a multi-day markup on the Waxman-Markey energy tax bill. Committee Chairman Henry Waxman (D-CA) has been busy lobbying his own caucus for the necessary 30 votes to get the bill out of committee for weeks, but the bill’s fate is still in doubt. Considering that global warming legislation is a cornerstone of President Barack Obama’s agenda (he needs the tax revenues to fund his other big spending priorities), why can’t the Obama administration convince their own party that their energy tax …
