"I think if you get into the way it was written, it's a huge tax and there's no sense calling it anything else. I mean, it is a tax ." So says Warren Buffett , Chairman of Berkshire Hathaway and perhaps even more importantly, one of the President's biggest supporters in the economic...
Posted to
AIP Blog
by
Despina Karras
on 06-28-2009
Filed under: energy, cap and trade, capitalism, free market, stimulus package, government spending, taxes, stimulus, job losses, tax issues, economic crisis, regulation, unemployment, green jobs, cap and tax, consumers, economics, environmentalists
Back in April, The Weekly Standard 's John McCormack set the record straight over claims that Republicans' lied about how much cap and trade would cost the average household. They put the cost at $3,128, which was based on an MIT study. The number was refuted by MIT professor John Reilly, who...
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AIP Blog
by
Matt Margolis
on 05-19-2009
Filed under: energy, cap and trade, Heritage Foundation
Eerlier Henry Waxman, Chairman of the House Energy and Commerce Committee says that controversial Waxman-Markey climate change bill will pass through the energy committee before Memorial Day. Some Democrats have been hesitant to get behind it, and many outright oppose. Michigan Democrat John Dingell...
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AIP Blog
by
Matt Margolis
on 05-15-2009
Filed under: energy, cap and trade, Heritage Foundation
During the campaign, John McCain often made jokes about the French when he was talking about the nuclear power debate. I remember watching him at a town hall in Youngstown, Ohio where he said, in regards to nuclear power, “I'm asking you to emulate the French, which goes to show you that if...
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AIP Blog
by
Justin Higgins
on 04-29-2009
Filed under: congress, energy, cap and trade, nuclear power