Waxman-Markey Cap & Trade Bill

Much controversy revolves around the Waxman-Markey cap and trade bill.  According to Ben Lieberman, a senior policy analyst for energy and environment in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation, the bill "affects employment, and especially employment in the manufacturing sector. We estimate job losses averaging 1,145,000 at any given time from 2012-2035."

Click here to view a Heritage Foundation video regarding the cap and trade bill.

The New Republic examines a Washington Post/ABC poll that puts price tags on the bill for consumers. The findings, "most people would be willing to pitch in and help avert a climate crisis if it cost the just $10 per month; but raise that price tag to $25, and they're tapping out."  Click here to view  the whole post.  

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  • <p> The House passed the cap-and-trade climate-change bill Friday by a 219-212 vote, with 44 Democrats opposing the legislation. </p> <p> "No matter how you doctor it or tailor it,” said Representative Joe Pitts, Republican of Pennsylvania, “it is a tax,” according to a story in the New York Times. </p> <p> <a href="http://www.nytimes.com/2009/06/27/us/politics/27climate.html?_r=1&amp;ref=global-home" title="http://www.nytimes.com/2009/06/27/us/politics/27climate.html?_r=1&amp;ref=global-home">Click here to read the full story "House Passes Bill to Address Threat of Climate Change."</a> </p>


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