CAP AND TRADE TAX COMING SOON TO EVERYTHING NEAR YOU

"Treasury Department Says Cap And Trade Will Cost Us $200 Billion A Year

Blaine Luetkemeyer can breathe easier. Despite the paranoid ravings of the Carnahan family pet blogger, it turns out that even the Obama administration knows that Cap and Trade is really a giant tax on Americans.

Sure, it took a Freedom of Information Act to get the story, and no, you're not going to see this in the New York Times, but CEI asked for and received internal documents discussing cap and trade as way to raise money.

A memo prepared by Judson Jaffe, who works in the Treasury's Office of Environment and Energy, referenced President Obama's remarks on energy policy in his State of the Union Address and said, given the president's plan to auction emissions allowances, "a cap-and-trade program could generate federal receipts on the order of $100 to $200 billion annually."

It's not really a question. The government is planning on raising hundreds of billions of dollars to trade carbon credits, and the money has to go to someone. Call it a tax, a fee, or a carbon credit, and it all amounts to the same thing - Washington takes your money, and then decides who gets it.

It's just nice to know that people inside the US Treasury are looking at the bill realistically."

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