Cap and Trade

House Speaker Nancy Pelosi has scheduled a vote Friday on the climate-change bill (Cap and Trade) co-sponsored by House Energy and Commerce Committee Chairman Henry A. Waxman (D., Calif.) and Rep. Edward Markey (D., Mass.),   There are stories in today’s Wall Street Journal, yesterday’s Power Line, and Monday’s American Thinker.  The bottom line on all three stories is that this bill, if passed, will be devastating to the American economy and to the American consumer.  Power Line has the National Mining Association chart on how the bill will affect each state (the chart is based on the Congressional Budget Office Numbers):

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As you can see–the bill puts most of the states in the red.  What bothers me is that Edward Markey is from Massachusetts and he can’t even write a bill that helps his own state!!!

Anyway, the bill is 942 pages long.  How many Congressmen will have read it by the time they vote on it Friday?  This is another attempt to slip something by the American people before we have a chance to object!  The bill is “The American Clean Energy and Security Act”  (H. R. 2454) and should be stopped dead in its tracks. 

President Obama said in his press conference yesterday that the bill would be paid for by the people who pollute our water and emit dangerous fumes.  What he didn’t say was that any costs put on utility companies or manufacturers will be passed on to the consumer–that’s you and me.

Unless you want to see the economy worsen and your expenses increase, please send an email to your Congressional Representative to vote against this bill.  I don’t know if it can be stopped, but it should be.