Editorializing on the Lieberman-Warner cap and trade bill set to be debated in the Senate next week, the Wall Street Journal writes: “For a bill as grandly ambitious as Warner-Lieberman, very few staff, much less Senators, even know what’s in it. The press corps mainly cheerleads this political fad, without …
Congress is trying to fool you. Here’s how they do business. A piece of legislation is going to cost trillions of dollars, but Members of Congress don’t want the public to see that. Instead, they have the Congressional Budget Office (CBO) look at the bill for just the first 10 …
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