Senate Cap-and-Trade Hearing: Day One

Today, the US Senate began the first of a three-day hearing on S. 1733, the Clean Energy Jobs and American Power Act also known as the Kerry-Boxer cap-and-trade bill.

The hearings can be watched on C-SPAN3.

This is nothing more than a national energy tax that will kill 2.5 million American jobs by 2030. For more on how cap-and-trade will affect our economy, click here. Senator Inhofe (R-OK) had a great opening statement which you can read here. The witnesses and the schedule for the remaining hearings are found here.

Grover Norquist, President of Americans for Tax Reform submitted testimony for today's hearing highlighting how this bill is a $3.6 trillion gas tax.

Secretary of Energy Chu is already being criticized for using "befuddled economics" in his testimony at today's hearing.

As this bill is very long and detailed, ATR has provided a summary of the allowances and the agressive emission's goals. Also, our friends at the Heritage Foundation (h/t David Green), have added page numbers to the Table of Contents of the actual bill. Funny, you would think this is something Congress would have thought of?!?

It is important that the Majority members of the Environment and Public Works (EPW) Senate Committee conducting this hearing hear from you! If you live in the state listed below, please call your Senator and tell them you oppose this tax increasing, job killing bill - S. 1733, the Kerry-Boxer cap-and-trade bill! (Please do not call if you are not a resident of the state listed below, they will not record your call)

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