Tuesday
Apr212009
Blackburn: Democrates Trying To Tax As Fast As They Can
By Suzia van Swol-University of New Mexico, Talk Radio News Service
President Obama may be getting too friendly with Venezuelan President.
House Republicans will have conversations this week concerning the after math of the Summit of the Americas. The summit, which was held last week in Trinidad and Tobago, raised concerns for Republicans who have taken a hard line against Venezuelan President Hugo Chavez, who for years has ridiculed the U.S. and openly criticized its foreign policy.
Congressman Mike Pence (Ind.), Chairman of the House Republican Conference and member of the Foreign Affairs Committee, outlined the upcoming week during a weekly pen and pad session, and said House Republicans will discuss Cap-and-Trade legislation which Democrats are proposing.
Cap-and-Trade would put a limit on the amount of greenhouse gas an oil or electric company can emit, and anything exceeding a set “cap” results in companies buying pollution allowances or credits from companies who have not exceeded their limits.
Pence said that Republicans are in the process of not only developing a rebuttal but offering alternatives to the “legislation that could result in utility rates of every American household increasing by $3,128 per year,” and leaves Republicans demanding details said Pence.
This dollar estimate is based on an Massachusetts Institute of Technology study, but according to a Pence staffer, Prof. John Reillyin, who is in charge of the study, believes the number should be cited lower due to anticipated rebates.
Pence said that “we are using the numbers that are in the public domain right now, the Democratic leadership has offered no numbers.”
U.S. Rep. Marsha Blackburn (TN) joined Pence in his discussions and said that there are other options that should be included in Cap-and-Trade legislation such as clean coal technologies and bio-diesels, and that it would be a shame to take things completely off the table simply because Democrats “are rushing to the finish line, trying to get in a tax as fast as they can,” said Blackburn.
“Congress has a gun held to our head, and we grab it and we shoot ourselves in the chest, ya know because that’s the action that they are taking this year,” she said.
President Obama may be getting too friendly with Venezuelan President.
House Republicans will have conversations this week concerning the after math of the Summit of the Americas. The summit, which was held last week in Trinidad and Tobago, raised concerns for Republicans who have taken a hard line against Venezuelan President Hugo Chavez, who for years has ridiculed the U.S. and openly criticized its foreign policy.
Congressman Mike Pence (Ind.), Chairman of the House Republican Conference and member of the Foreign Affairs Committee, outlined the upcoming week during a weekly pen and pad session, and said House Republicans will discuss Cap-and-Trade legislation which Democrats are proposing.
Cap-and-Trade would put a limit on the amount of greenhouse gas an oil or electric company can emit, and anything exceeding a set “cap” results in companies buying pollution allowances or credits from companies who have not exceeded their limits.
Pence said that Republicans are in the process of not only developing a rebuttal but offering alternatives to the “legislation that could result in utility rates of every American household increasing by $3,128 per year,” and leaves Republicans demanding details said Pence.
This dollar estimate is based on an Massachusetts Institute of Technology study, but according to a Pence staffer, Prof. John Reillyin, who is in charge of the study, believes the number should be cited lower due to anticipated rebates.
Pence said that “we are using the numbers that are in the public domain right now, the Democratic leadership has offered no numbers.”
U.S. Rep. Marsha Blackburn (TN) joined Pence in his discussions and said that there are other options that should be included in Cap-and-Trade legislation such as clean coal technologies and bio-diesels, and that it would be a shame to take things completely off the table simply because Democrats “are rushing to the finish line, trying to get in a tax as fast as they can,” said Blackburn.
“Congress has a gun held to our head, and we grab it and we shoot ourselves in the chest, ya know because that’s the action that they are taking this year,” she said.
Congress Focuses On Global Warming Legislation
Gore cited recent research showing dangerous changes in climate due to man-made global warming including melting arctic ice, increased carbon in water, and extreme weather events.
The proposed bill, according to the Environmental Protection Agency, will create a cap-and-trade limit on carbon emissions, meaning that companies will have to buy and sell the right to produce carbon, making it more economical to reduce carbon. The E.P.A.'s findings state that this bill will "transforms the structure of energy production and consumption, moving the U.S. to a clean energy economy."
Former Speaker of the House Newt Gingrich also testified before the subcommittee, calling the bill a huge mistake. He explained that the bill imposes an energy tax, stating, "If you use electricity it punishes you, if you use heating oil it punishes you, if you use gasoline it punishes you. This bill will increase your cost of living." Gingrich worries that the U.S. will not be able to compete in a global economy if no other countries tax carbon.
However, Gore stated that he believes if the U.S. acts, the world will follow. Describing the moral significance as equal to that of civil rights legislation of the 1960's, he explained, "Passage of this legislation will restore America's leadership of the world and begin, at long last, to solve the climate crisis."