Posted by Congressman John Campbell at 12:00 am on Jun 29, 2009 1 Comment
Cap and Tax Bill: I
write you this to you after one of the biggest votes of my
Congressional career. I’m sure you have already heard a lot about
this bill that passed by a vote of 219-212 on Friday evening. It is
known by a variety of titles, but most commonly as ‘cap and trade,’
‘cap and tax,’ or ‘the national energy tax.’ I won’t repeat a lot
of what you already know. But suffice it to say, this bill will be
a disaster for our economy, which is already in huge trouble.
The bill is so bad that it took a full court press from the
President, the Speaker, and just about everybody who works in the
West Wing to cajole the votes necessary with threats and treats.
Patrick Kennedy (D-RI) was even brought out of rehab where he is
undergoing treatment for substance abuse for this vote, and rumors
abound that some members were promised 9 figures of pork for their
districts if they voted for the bill.
Why is it so bad? According to MIT, it will result in an energy
tax that will, on average, cost American families about $3,000 per
year! In addition, according to the Carbon Dioxide Information
Analysis… Read More