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.
Declaration Of War On The Mid-West
Coffee Brown, University of New Mexico, Talk Radio News
Republican Representatives emerged from a GOP conference with continuing criticism of the Democratic budget.
This Sunday will be National Debt Day, the day on which federal spending surpasses revenue, and it occurs three and a half months earlier this year than last, said John Boehner (R-Ohio). “I attended a taxpayer tea party in Bakersfield, California; people are angry and they’re scared,” he said, “because the kind of spending and borrowing that are going on here are imprisoning their children’s future.”
Eric Cantor (R-Va.) said, “As we come to the end of the first hundred days of this administration, the era of bipartisanship we’d hoped for could be improved. We do want to work together. Washington should be more thoughtful.”
Cathy McMorris Rodgers (R-Wash.) said that constituents are concerned about debt and the future of America and “The fact that we are facing $9 trillion worth of debt, and that’s going to be on the shoulders of our children and our grand-children.” She said that the Democratic budget lacks transparency and oversight. Constituents, she said, have to tighten their belts, while the federal government is “spending like crazy.”
Mary Fallin (R-Okla.) said the oil and gas producers in her fossil-fuel-rich state are very concerned about Obama’s policy of discouraging carbon-emitting energy. She said that jobs and production are already declining in anticipation of policy changes.
Fallin estimated the Cap-and-Trade taxes would hit $30 billion, working out to about $3,000 per year in increased energy costs for an average household, would fall most heavily on the poor and elderly and would cost seven million jobs.
Mike Pence (R-Ind.) said that hearings on Cap-and-Trade begin this week. He said the Democrats are not providing sufficient information about the costs, though Obama has acknowledged in the past that electricity prices would rise. “The reality is the Cap-and-Trade legislation offered by the Democrats amounts to an economic declaration of war on the Mid-West by liberals on Capitol Hill,” he said.
Pence said the $3,000 per household figure came from an M.I.T. study that estimated the total carbon fees and divided them by the total number of households in America. He acknowledged that the administration had promised ways of mitigating the economic impact for those hardest hit, but said that such promises are vague and “illusory.”
Boehner agreed that we must “get serious” about reducing carbon emissions and reducing the need to import oil, but he urged increased nuclear power as the only realistic way to do that.