GOP Stops $5.6 Trillion Carbon Tax - For Now
From a despondent Associated Press:
One of the unbiased photographs our watchdog media is running with this story. It is actually from a foggy, misty day in April.
Vote on climate bill is blocked in Senate
By H. JOSEF HEBERT, Associated Press Writer
WASHINGTON - Senate Republicans on Friday blocked a global warming bill that would have required major reductions in greenhouse gases, pushing debate over the world’s biggest environmental concern to next year for a new Congress and president…
The Senate debate focused on bitter disagreement over the expected economic costs of putting a price on carbon dioxide, the leading greenhouse gas that comes from burning fossil fuels. Opponents said it would lead to higher energy costs.
The 48-36 vote fell short of a majority, but Democrats produced letters from six senators — including both presidential candidates Barack Obama and John McCain — saying they would have voted for the measure had they been there.
“It’s just the beginning for us,” proclaimed Sen. Barbara Boxer, D-Calif., a chief sponsor of the bill, noting that 54 senators had expressed support of the legislation, although that’s still short of what would be needed to overcome concerted GOP opposition…
The bill would have capped carbon dioxide coming from power plants, refineries and factories, with a target of cutting greenhouse gas emissions by 71 percent by mid-century.
“It’s a huge tax increase,” argued Republican Senate leader Mitch McConnell of Kentucky, a prominent coal-producing state. He maintained that the proposed system of allowing widespread trading of carbon emissions allowances would produce “the largest restructuring of the American economy since the New Deal.”
Supporters of the bill accused Republicans of muddying the water with misinformation.
“There is no tax increase,” Sen. Barbara Boxer, D-Calif., one of the bill’s chief sponsors said. She said the emissions trading system would provide tax relief to help people pay energy prices. And supporters disputed that it would substantially increase gasoline prices…
Obama and McCain, as well as Sen. Hillary Rodham Clinton, D-N.Y., and Sen. Edward Kennedy, D-Mass., who is recovering from cancer surgery, were absent, although they each sent a letter supporting the bill.
Oh, joy. So no matter what happens this election year, we will get this horrendous monstrosity of a tax increase — the largest in the history of mankind.
The Senate debate focused on bitter disagreement over the expected economic costs of putting a price on carbon dioxide, the leading greenhouse gas that comes from burning fossil fuels. Opponents said it would lead to higher energy costs.
Opponents say a lot more than that.
Among other things, they have noted that this will cost the US taxpayer around $5.6 TRILLION (with a “T”) dollars.
As a reference point, the whole federal budget for next year is expected to reach $3 trillion dollars.
The entire war in Iraq, which the Democrats tell us has been so crippling expensive, has only cost $845 billion.
But of course the opponents will have to buy advertisements to get such minor details out. That is, if Mr. McCain’s “reforms” will even permit such a thing.
The Associated Press certainly isn’t going to make their case for them. That’s not their job.
Their job is to help the Democrats destroy capitalism.
If you have any doubts, just look at the photos they use to accompany their “global warming” articles.
Such as the one from this article at the top, and this one from our last “climate change” story:
The photo is of the Miami, Florida skyline. The “ominous dark cloud” is actually a palm frond.
What media bias?
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9 Responses to “GOP Stops $5.6 Trillion Carbon Tax - For Now”
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June 6th, 2008 at 12:58 pm
The 48-36 vote fell short of a majority, but Democrats produced letters from six senators — including both presidential candidates Barack Obama and John McCain — saying they would have voted for the measure had they been there.
So we have reason to be grateful for both the Obama and the McCain campaigns. See, there’s always a bright side…
June 6th, 2008 at 2:00 pm
Wait’ll next year, these morons will be at it again. Glad my state’s two senators voted against it. This is the biggest economic scam in the history of humankind. But, I guess we knew that…
June 6th, 2008 at 2:11 pm
Global warming regulation hit the big stage this week, as the Senate proceeded to debate on the energy-regulation-and-subsidies bill known as Lieberman-Warner. The bill’s other names include “America’s Climate Security Act” and “S.2151,” but it includes so much of the big-government favoritism and regulatory profiteering desired by one former energy giant, it should probably be dubbed “The Enron Bill.”
Enron is not alive today to profit from the artificial markets, subsidies and other goodies in the measure aptly dubbed “the largest pork bill ever” by Sen. James Inhofe, R-Okla., but its spirit persists, embodied in today’s leading regulatory robber barons, General Electric, Alcoa and others.
http://www.examiner.com/a-1427.....e_sun.html
June 6th, 2008 at 4:08 pm
“The bill’s other names” include “The Ignition Interlock Bill of 2008/9.” For those of us old enough to remember that fiasco.
June 6th, 2008 at 6:21 pm
From a press release from Senator Reid:
What a despicable pathological liar Mr. Reid is.
Not only will bill destroy our economy — which is its primary purpose — but Reid knows very well that Mr. McCain supports the damn thing. (More’s the pity.)
But “Pinky” Reid will tell any lie without even the slightest qualm. As is true for most Marxists, words have no meaning for him.
They are just a means to power.
June 6th, 2008 at 8:34 pm
How could the democrats elevate such a mental bed-wetter to a leadership position? I wouldn’t pi** on him if his face was on fire. I guess when the talent pool is that shallow, Reid or someone like him is all you’re likely to get. Pathetic!!
June 6th, 2008 at 10:31 pm
So lets say you pay the tax on carbon dioxide…I say you because that’s my “tipping point”, I wont do it. Period. but, it gets levied out of everyone’s salary ect ect……just who in the hell are we paying? I mean, who gets all this money to eliminate carbon dioxide from the atmosphere?
Yeah, I thought so. Well, they can pound salt. And I suspect that millions of Americans will say “enough” if and when it passes. It will become political suicide to support bureaucrats at the united nations and other foreign countries who continue to spew trillions of tons of pollutants for free….and they expect us to pay for it.
The people will discover that they not only have a limit, but they have the power to bring it all to a grinding halt. I can only hope that happens….or I will be all alone in the fight against it. I have already had enough of this congressional bullshit circus….
And, if everyone reads real close, that wasnt sarcasm…I meant every word. I wont pay it.
June 6th, 2008 at 11:08 pm
And, if everyone reads real close, that wasnt sarcasm…I meant every word. I wont pay it.
Nor will I SJ, nor will I. Enough is enough. As if the two woosie ass candidates aren’t bad enough for the US, we will also have to contend with the economic disaster called Climate change, formerly known as Global warming, except that name had to die a quiet death as the last year was one of the coolest for 12 years! Remind me again what the second amendment was about, why it was put in place? Oh yeah, so the people could take back government if tyranny got out of hand. Hmm.
June 7th, 2008 at 11:12 pm
5.6 trillion dollars? I thought the dumbasscrats were going to help reduce gas costs, only to stiff us with this? How involved is Al “Fat Felix the Cat” Gore’s fledgeling carbon offset company? These people are really asking for it, aren’t they?