Tuesday, August 11, 2009

The Cost of Cap-n-Tax, Latest Edition

We can pay for this with health-care savings, no doubt.

...the federal Energy Information Administration released a report Wednesday that tallied up the costs of the American Clean Energy and Security Act, the carbon cap-and-trade bill that passed the House of Representatives in May and goes to the Senate for a vote in the fall. The agency's analysis found that the bill would increase the cost of energy, pare economic output, curb purchasing power and cut $432 billion to $1.9 trillion from the nation's gross domestic product by 2030.

Other than that, what's the problem?

HT: Moonbattery

1 comment:

Deekaman said...

This is what they want. The Leftists want to rid us of our evil capitalist consumer society. They want to "take care" of us. After all, why wouldn't we want government to take care of us?

Cap & Trade and Healthcare are "suicide attacks" by the Left. When unelected in 2010, they will still have their pensions and perks. We can never undo what they have done.