"As the Senate opens debate on its mammoth carbon regulation program this week, the phrase of the hour is 'cap and trade.' This sounds innocuous enough. But anyone who looks at the legislative details will quickly see that a better description is cap and spend. This is easily the largest income redistribution scheme since the income tax."
Read more of this article by clicking the title of this post. For more information about the proposed legislation and the "Cap and Trade" practice, see RepGroe's Reading Room for additional articles.
Tuesday, June 3, 2008
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