Guest post by Steven Goddard
The Senate Budget Committee chairman said today :
Sen. Kent Conrad (D-N.D.) said he has spoken to enough colleagues about several different provisions in the budget to make him think Congress won’t pass it. Conrad urged White House budget director Peter Orszag not to “draw lines in the sand” with lawmakers, most notably on Obama’s plan for a cap-and-trade system to curb carbon emissions. “Anybody who thinks it will be easy to get the votes on the budget in the conditions that we face is smoking something,”
So who is Senator Conrad referring to with that last comment?
Orszag acknowledged concerns over the budget and added that the budget plan represents the administration’s “best judgments.“
I wonder if the people in Michigan fighting to keep ice from destroying their houses, are willing to pay extra taxes to fight global warming?
“Despite the Obama administration’s claim that its budget wouldn’t raise taxes on families earning less than $250,000 a year, ‘the budget before us assumes large amounts of money’ from the climate-change legislation, Rep. Dave Camp of Michigan, the top Republican on the tax-writing House Ways and Means Committee, said at a hearing Tuesday. ‘And that means higher prices for Americans for food, for gas, for electricity, and in a state like Michigan for home heating – pretty much anything that they buy.'”
“So if somebody wants to build a coal-powered plant, they can; it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.”
– Candidate Obama in an interview with the San Francisco Chronicle January 17, 2008
I wonder if any of that huge sum might get passed on to people making less than $250,000? What do readers think?