The Congressional Budget Office (CBO) recently testified before Congress that the cap-n-trade policy proposed by the Obama administration, and strongly support by many members of Congress, would be disastrous for all Americans:
"Under a cap-and-trade program, consumers would ultimately bear most of the costs of emission reductions."
This is not just about money; it is about a commitment to integrity. Too often we allow our politicians, spurred on by misinformed activist, to throw billions of dollars away for the "feel good cause" of the day. After all of the panic, driven by emotion and not intellect, the American tax payers are left holding the bill, while the activist move onto the next great "threat to mankind." Is cap-n-trade the next abuse we must endure?
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