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Like Salt in a Wound, Cap and Trade Tax Bill passes. Moves to Senate.

HR 2454 passed by two votes and now moves to the senate. According to Conservatives for Change, eight republicans voted for the bill and 44 Democrats voted against. Never thoughts I’d say this, but thank you Democrats.

Mary Mack Bono – Ca. 45th
Michael Castle – De. At Large
Mark Kirk – IL 6th
Leonard Lance – NJ 7th
Frank LoBiondo – NJ 2nd
John McHugh – NY 23rd
Davie Reichert – WA 8th
Chris Smith NJ 4th

According to the Heritage Foundation, if this bill becomes law, household electricity bills will rise 90%, natural gas bills will rise 55% and gasoline costs will rise 58%.  The total contribution per family per year will be over $3,000. What’s worse about this legislation is that even Obama knows this legislation will “cause electricity rates to necessarily skyrocket”

Glenn Beck had one of my favorite guests, Peter Schiff, on air talking about Cap and Trade.

One Response

  1. Zashkaser Says:

    Hi, good post. I have been woondering about this issue,so thanks for posting. I’ll definitely be coming back to your site.

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