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Thread: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

  1. #31
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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by Gill View Post
    Obama Admin: Cap And Trade Could Cost Families $1,761 A Year - Taking Liberties - CBS News

    The Obama administration has previously said that the cap and tax bill would only raise taxes by about $175 per household. As mentioned in the CBS article, this Treasury Dept. report was obtained only by a FOI filing by the Competitive Enterprise Institute. This report should have been public knowledge as soon as it was released.

    It would be very interesting to know what was redacted by Treasury and why they felt it was necessary to redact it.

    Since the Treasury Dept. is estimating the costs at TEN times what Obama claimed, I predict this will be the death knell for this boondoggle. With healthcare reform taking a beating due to its high costs, Cap & Tax was on a downhill slide anyway.

    Your thoughts?
    Obama is a flat out liar, his lies have been proven conclusively. His $175 statement was made in June, the treasury report with the $1,761 figure came in March, he kept this from Congress and from the American people and knowingly and intentionally lied about the actual figures and then if that wasn't bad enough tried to sweep the report under the rug. It took a god damn FOIA request to obtain this document for Christ's sakes. Obama lied the economy died.

  2. #32
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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by dragondad View Post
    From your own source:

    ""Even if a 100 percent auction was a live legislative proposal, which it's not, that math ignores the redistribution of revenue back to consumers. It only looks at one side of the balance sheet. It would only be true if you think the Administration was going to pile all the cash on the White House lawn and set it on fire.""

    Yes what are they going to do with the money? Help pay off our National debt? Use it offset income taxes which are not sufficient to pay our bills now?

    Right wingers are the biggest dead beats I know of.

    They know for a fact we are not paying our bills yet they gripe about paying additional taxes to fund government. With this "tax" it raises revenue, helps the enviroment, and encourages energy conservation, and less dependece of foreign oil.

    They're like little spoiled children....any small sacrifice whatsoever on the part of Americans to pay fully for their goverment sends them into hissy fits.
    Sorry but my opposition of your theft of my property without my consent does not make me a deadbeat. And the last time I checked the Democrats care so much about the national debt that they intend to raise it higher then ever before in our history. You want to decrease the debt? Cut ****ing spending and get your god damn hands out of my pocket. But no Murtha needs a new airport that gets less flights than an airport above the arctic circle.

  3. #33
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    Re: Obama Admin: Cap And Trade Could Cost Families $1,761 A Year

    Quote Originally Posted by dragondad View Post
    Like the quote says...what do you think they are going to do with the money from the Cap and Trade program ....burn it on the WH lawn???

    If you knew about macroeconomics you would know that this revenue goes right back out into the economy.

    So it has no net effect of the economy. If fact! One could argue since the Government would spend 100% of the money it's likely to spur the economy more so than if consumers spent the money as they would save a small portion of it.
    lol if you knew anything about economy the money gets spent on bridges to nowhere and bail outs to corporate fat cats and the unions.

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