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GOP Blocks $5.6T 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 frawn of a palm tree frames the city of Miami as it is seen ...

The photo is of the Miami, Florida skyline. The “ominous dark cloud” is actually a palm frond.

What media bias?

This article was posted by Steve Gilbert on Friday, June 6th, 2008. Comments are currently closed.

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