Cap and Trade Passes First Committee!
May 29, 2009
“After a one-two punch from Newt Gingrich and Dick Cheney, House Minority Leader John Boehner and other Republican lawmakers worry that their party has overplayed its hand on Nancy Pelosi. The Republicans’ fear: Gingrich’s call for Pelosi’s ouster has set an unattainable goal, and Cheney’s jabs at her during a speech Thursday will allow Democrats to portray the controversy as a partisan attack by one of the GOP’s most polarizing figures. ‘If the story becomes about us and not her, it’s a problem for us,’ said a senior Republican lawmaker.”
“A bill to create the first national limit on greenhouse-gas emissions was approved by a House committee yesterday after a week of late-night debates that cemented the shift of climate change from rhetorical jousting to a subject of serious, if messy, Washington policymaking,” the Washington Post reports. “The 33 to 25 vote was a major victory for House Democrats, who had softened and jury-rigged the bill to reassure manufacturers and utilities — and members of their own party from the South and Midwest — that they would not suffer greatly.”
Read the article here.
Is this good law or is it political and designed to tax our behavior and punish us for being successful? It’s a shame that people who represent us would design something so harmful for our economy, especially when we are having such a tough time right now! – FedUpEditor
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