McCain, who previously teamed with Lieberman to draft global warming legislation, supports a cap-and-trade proposal... The resulting higher prices for electricity, natural gas and home heating oil would send a typical consumer’s total annual energy bill through the roof—$938.63 more in 2030 than 2012 after adjusting for inflation... In its analysis of the Lieberman-Warner bill, the Congressional Budget Office said the legislation would increase federal revenue by $1.21 trillion from 2009 to 2018—money that can best be described as a tax increase.
Swell. Sounds like the perfect Nanny State solution. Obama & Pepe can see him, and raise the ante. A fun game to play. But is this how McCain plans to run in the fall -- see who can be better at tax-and-spend?
Sunday, May 18, 2008
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