Heritage.org has even more staggering numbers here. Below are just a few to get you started:
Later today, the House of Representatives is slated to vote on the most convoluted attempt at economic central-planning this nation has ever attempted: cap and trade. The 1,200-plus page Waxman-Markey climate change legislation is nothing more than an energy tax in disguise that by 2035 will raise:
- Gasoline prices by 58 percent
- Natural gas prices by 55 percent
- Home heating oil by 56 percent
- Worst of all, electricity prices by 90 percent
Although proponents of the bill are pointing to grossly underestimated and incorrect costs, the reality is when all the tax impacts have been added up, the average per-family-of-four costs rise by $2,979 per year. In the year 2035 alone, the cost is $4,609. And the costs per family for the whole energy tax aggregated from 2012 to 2035 are $71,493.
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5 comments:
As all this is going down the tubes, we see Bawney Fwank encouraging Fannie Mae & Freddie mac to return to the very standards that caused this whole mess in the first place.
Stupid is as stupid does
Weeeeelllll Barnneeey Fraaaank is only operating on the standard DNC proceedure on ANYTHING. Do as I say.. Not as I do.
I wonder how much money Frank stands to gain from helping Fannie Mae and Freddie Mac.. I mean their stock is in the toliet...
I wonder if the chinese can bail us out of this one victoria
The Komrade, aka The Ayatollah Hussein Obama, Pinocchio Pelosi, Scary Reid, and the rest of the congressional cabal of anarchists have not learned that they have to earn the trust of the American people. So far, all they have earned is the distrust of the people. Notable exceptions, of course, at least locally, are Little MiniMe, UnAbel, David, and the rest of the Marxist trolls posting here.
Don, I suspect the Chinese communist are about to OWN us, thanks to the democrats and their cabal.
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