Cap and Tax Debate is Farce

Obama and Congress–Energy Price Deceit

 

By Ronald Bailey,Reason Magazine

Power Plants will become major source of Government Revenue under Cap and Trade Scheme

Last month,leading Congressional climateer,Rep. Henry Waxman (D-Calif.),chair of the House Energy and Commerce Committee,pushed out a sweeping 1000-page bill that aims to dramatically reshape how Americans will use [...]

Fed predicts economic slump from Obama plans

 

By Chris Isidore,CNNMoney.com

Brother can you spare a dime?

 The Federal Reserve’s latest forecasts for the U.S. economy are gloomier than the ones released three months earlier,with an expectation for higher unemployment and a steeper drop in economic activity.

The Fed’s forecasts,released as part of the [...]

Obama climate plan could cost $2 trillion

 Tom LoBianco,The Washington Times

Obama's green initiatives are really about the green of money

President Obama’s climate plan could cost industry close to $2 trillion,nearly three times the White House’s initial estimate of the so-called “cap-and-trade”legislation,according to Senate staffers who were briefed by the White House.

Obama’s plan to hike taxes meets fierce opposition

 

By STEPHEN OHLEMACHER,Assosiated Press

President Barack Obama’s call to raise taxes on high earners and greenhouse gas polluters met fierce opposition Tuesday from congressional Republicans and also a few Democrats. “I would never want to adversely affect anything that is charitable or good,”Rep. Charles Rangel,D-N.Y.,chairman of the tax-writing [...]

Bipartisan Opposition to Obama’s Hidden Energy Tax

 

By Stephen Ohlemacher,Associated Press

Without proof of Global Warming Obama is going for a huge tax on everyone

President Barack Obama’s proposed tax increases are being met with misgivings by both Republicans and Democrats in Congress as he sends his Treasury secretary to Capitol Hill to defend them.