Late last week in a press release our congressman Glenn "GT" Thompson was full of praise for CBS News for the latter's manure spreading effort.
GT goes on to quote McCullagh.
Technorati Tags: Rep. Glenn Thompson (R.PA-5), Cap and Trade, Waxman-Markey, Obama, Declan McCullagh,
U.S. Representative Glenn `GT’ Thompson today praised CBS News, which reported the Administration’s real estimate of costs per household for the Cap and Trade legislation.There are a few thing to correct in this opening paragraph. It really wasn't "CBS News" doing the reporting. It was CBS News libertarian cyber-correspondent Declan McCullagh. Second, the report didn't concern the cost of Waxman-Markey, the Cap and Trade legislation currently under consideration, it considered an early proposal by the Obama administration.
GT goes on to quote McCullagh.
“The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent,” according to CBS reporter Declan McCullagh. “At the upper end of the administration’s estimate, the cost per American household would be an extra $1,761 a year.”Which leads GT to ask,
How is the average American household going to pay for this added almost $2000 a year?” ... “How are my constituents, in some of the lowest employment areas in the state, supposed to pay for this?”GT, GT,....GT, you really have to read Waxman-Markey which
...would establish a more limited carbon market, distribute most permits for free to polluting industry, with provisions that compel utilities to pass along their value to ratepayers, and provide further assistance for low-income consumers.Perhaps GT will someday explain why he doesn't have similar concerns for his constituents when it comes to the very real skyrocketing cost of health care. In the meantime, you can read more about what's wrong with McCullagh's report and McCullagh himself here.
Technorati Tags: Rep. Glenn Thompson (R.PA-5), Cap and Trade, Waxman-Markey, Obama, Declan McCullagh,
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If you want to see just how banal GT can be, follow him on Twitter.
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