There is still time to stop the legislative monstrosity known as the Waxman-Markey cap-and-trade bill before the Senate approves it. But for that to happen, Americans must learn how bad it is...
...The Heritage Foundation's Ben Lieberman says he's found no "decent refutation of the assertion that the temperature impact would be inconsequential."
Unfortunately, the bill's negative impact on the economy would not be inconsequential. Lieberman says the bill would cause estimated job losses averaging about 1.15 million from 2012-2030, and the cumulative projected loss in gross domestic product would be almost $10 trillion by 2035. The national debt from this bill alone, disregarding the multiple bailouts, stimulus packages and health care "reform," would increase by 2035 for a family of four by 26 percent, or $115,000... More...