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Daily Media Spotlight--Waxman Markey = Biggest Tax in American History

From Douglas Kellogg on Friday, June 26, 2009 9:30 AM
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When the Heritage Foundation did its analysis of Waxman-Markey, it broadly compared the economy with and without the carbon tax. Under this more comprehensive scenario, it found Waxman-Markey would cost the economy $161 billion in 2020, which is $1,870 for a family of four. As the bill's restrictions kick in, that number rises to $6,800 for a family of four by 2035.

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Comments

Waxman-Markey has negligible environmental impact. Less than 1% change in temperatures for a massive taxhike on the American people in the middle of a recession. What part of voting against this bill doesn't make sense?
>> Conservative Tom Friday, June 26, 2009 10:17 AM

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