CAGW Wins another one against Cap and Trade Tax!
January 5, 2010
Taxpayers Spared Costly Cap-and-Trade Energy Tax
The Council for Citizens Against Government Waste’s (CCAGW) lobbying and grassroots campaign helped derail passage of cap-and-trade energy legislation in the Senate this year — torpedoing a major goal of President Obama who had declared his intention to sign a cap-and-trade bill into law before year-end. The House version of cap-and-trade passed by a razor-thin margin of 219 to 212 in June after CCAGW members generated more than 22,500 e-mails and a slew of phone calls to their Representatives. Enactment of a cap-and-trade regime would cost an estimated 1 to 2.5 million jobs, slow economic growth, and drive up Americans’ energy bills. Estimates show the average family would face a $1,500 cap-and-trade energy tax annually. Read more about cap-and-trade.
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