
Cap & Tax and more of the Obama/Pelosi/Reid Cabal
Cap and Tax Bill: I write you this to you after one of the biggest votes of my Congressional career. I’m sure you have already heard a lot about this bill that passed by a vote of 219-212 on Friday evening. It is known by a variety of titles, but most commonly as ‘cap and trade,’ ‘cap and tax,’ or ‘the national energy tax.’ I won’t repeat a lot of what you already know. But suffice it to say, this bill will be a disaster for our economy, which is already in huge trouble.
The bill is so bad that it took a full court press from the President, the Speaker, and just about everybody who works in the West Wing to cajole the votes necessary with threats and treats. Patrick Kennedy (D-RI) was even brought out of rehab where he is undergoing treatment for substance abuse for this vote, and rumors abound that some members were promised 9 figures of pork for their districts if they voted for the bill.
Why is it so bad? According to MIT, it will result in an energy tax that will, on average, cost American families about $3,000 per year! In addition, according to the Carbon Dioxide Information Analysis… Read More