Tuesday, May 19, 2009

CBO Take on Climate Bill

Quoting The Washington Times:
“Congress' chief scorekeeper [the non-partisan Congressional Budget Office] says the global warming bill moving through Congress will either be scored as a major tax increase or a massive expansion of the federal government”
Click the image & read the rest:
Click the image & read the rest

Candidate Obama promised a tax cut for 95% of Americans. President Obama, if he has his way, will impose a MASSIVE tax increase on ALL Americans. Of course, it will be a stealth tax in the form of MUCH higher energy costs -- with all the looted booty going to brainless counterproductive Federal bureaucrats.

But, the real irony is that this idiotic bill will likely do so much economic harm that the Federal government will actually wind up getting LESS TAX REVENUE while Americans pay massively higher energy bills. Again, quoting the above link:
“The six-page CBO letter also listed repeated examples of situations in which, for purposes of the federal budget, it will assume that the cap-and-trade approaches will dampen businesses' income, meaning less revenue to the federal government.”
But, anybody stupid enough to have voted for Obama will be stupid enough to blame the energy providers rather than their beloved Messiah and his fellow Dims. And, with an ever complicit media leading the propaganda campaign, the most massive deception in the history of humanity will just keep on rolling on. IDIOTS!!!

Click here to read the CBO Letter.
Click here to learn more.

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