Thursday, June 25, 2009

Cap and Tax - Waxman-Markey Bill

I was listening to Glenn Beck just few minutes ago and he was talking about the energy bill which the House is suppose to sign today. He had two guest who discussed the pitfalls and cost to the average family which would amount into the thousands annually. This is another one of those Obama bills that no one has time to read. Again, our politicians don't know what they are signing, but they probably will anyhow. There's still time to let them know Do Not Sign the Clean Energy Bill. A breakdown of the discussion can be found on the Glenn Beck/Foxnews website here.

Glenn Beck and the Heritage Foundation spokesman who appeared on the program, questioned the effects of the The American Clean Energy and Security Act, better known as the Waxman-Markey bill, and whether it would really be cost effective and would if actually cut greenhouse-gas while promoting renewable energy and energy efficiency. It is labeled a Cap and Trade Bill, but Glenn Beck called it a Cap and Tax. Just another Tax bill so says Glenn Beck.

The measure, which is likely to have a tough go in the Senate, is a linchpin of Obama's first-year agenda. A victory would give the White House momentum going into a vote on health care later this summer. See more on Politico here.

1 comment:

  1. I hate to admit it, but Glenn Beck seems to be right about this one. Even the New York Times noticed that this was the largest tax increase in history.

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