Biggest tax increase in American history (cap and trade bill)

27 Jun

I have been following this story since I heard President Obama on the campaign trail talk about families electric/heating bills increasing to protect the environment. I was so sad to hear this passed by even a narrow margin yesterday. While the world was mourning two celebrities deaths it squeaked by and Americans were sleeping. They say this is going to create jobs but how can it when farmers and manufactors already struggling with this economy are going to have to pay to do business. Of course the cost will also be passed to us. Some are saying that our electric/heating bills could go up as much as  doubling your current bill to as high as $3000 a family. This is absolutely crazy. No one can afford this. Here are the details on this bill. We can only hope that the Senate has the guts to squash this insanity.

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