Obama: My Plan Makes Electricity Rates Skyrocket (June 27, 2009)

What Cap and Trade Will Do to Your Family (June 27, 2009)

Over the 2012-2035 timeline, job losses average over 1.1 million. By 2035, a projected 2.5 million jobs are lost below the baseline (without a cap and trade bill). Particularly hit hard are sectors of the economy that are very energy-intensive: Manufacturers, farmers, construction, machinery, electrical equipment and appliances, transportation, textiles, paper products, chemicals, plastics and rubbers, and retail.

Read this: Morning Bell: Waxman-Markey an Energy Tax That Doesn't Work

The 1,200-plus page Waxman-Markey climate change legislation is nothing more than an energy tax in disguise that by 2035 will raise:
* Gasoline prices by 58 percent
* Natural gas prices by 55 percent
* Home heating oil by 56 percent
* Worst of all, electricity prices by 90 percent

Although proponents of the bill are pointing to grossly underestimated and incorrect costs, the reality is when all the tax impacts have been added up, the average per-family-of-four costs rise by $2,979 per year. In the year 2035 alone, the cost is $4,609. And the costs per family for the whole energy tax aggregated from 2012 to 2035 are $71,493.

The article goes further and says that it kills jobs, destroys our econony, and "provides read meat for lobbyists".

Read the rest here!

Thanks to the proponents involved, this will cost me more than what I'm making in wages. To help me pay for the costs of this bill if it ever becomes law, please buy multiple copies of my four CDs by David Tanny. They make great gifts, are full of comedy and dementia, and entertain for years to come!