Big money to big connected corps, big price hikes for taxpayers in job killing energy bill

May 13, 2010 20:09


Major players in Washington cheered the latest version of an energy bill, which tries to buy support with “something for almost everyone.” But beleaguered consumers will get stuck with skyrocketing bills after others feast on new government benefits.

Ernest Istook at Huffington Post

Major players in Washington cheered the latest version of an energy bill, which tries to buy support with “something for almost everyone.” But beleaguered consumers will get stuck with skyrocketing bills after others feast on new government benefits.

We can expect any new “green jobs” to be offset by a larger loss of existing jobs, possibly up to 3-million, depending on details of how the bill’s cap-and-trade system is implemented to tax carbon dioxide emissions.

“Climate Plan Aims to Provide Something for Everyone,” headlined Congress Daily about the re-worked legislation from Senators John Kerry (D, MA) and Joe Lieberman (D, CT). That same phrase was echoed by a multitude of media.

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