There they go again.
The Democrats' House leadership, and President Obama, are rushing about trying to find the votes to pass cap and trade tax before anybody figures out what it is all about.
The Democrats, like they did with Obama's so-called stimulus, scheduled the vote before the Congress critters could possibly read the 1,200 page bill. The vote is set for tomorrow, even though no one has yet seen the final legislation.
House Republicans pushed back against the Democrats' latest rush with the following video in which Obama admits that under cap and trade the price of electricity will "skyrocket":
The Democrats' cap and trade climate change bill suffers from the same defect as the Clinton/Gore favored Kyoto Protocol. In 1997, before the Kyoto Protocol was finalized, that approach was rejected by the Senate because it put the U.S. at an economic disadvantage compared to China and India. The Senate unanimously passed, 95–0, the Byrd-Hagel Resolution, which stated the sense of the Senate was that the United States should not be a signatory to any protocol that did not include binding targets and timetables for developing nations as well as industrialized nations or "would result in serious harm to the economy of the United States."
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