Democratic aides say President Obama’s fiscal 2011 budget will project hundreds of billions of dollars in new federal revenue from a proposed cap-and-trade climate law.
White House projections indicate that cap-and-trade could raise 646 billion dollars in federal revenue over a decade. However, prospects remain dim for enacting such legislation this year. Senator Byron Dorgan of North Dakota, chair of the Senate Energy-Water Appropriations Subcommittee, says any proposal to spend cap-and-trade revenue is probably dead on arrival.
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These Democrats are bound and determined to shove this down our throat. They have their agendas and are not going to let anything stop them. IE; Ben Nelson of Nebraska on Obamacare – just keep increasing the bribe until he votes yes. Mary Landreau in Louisiana, etc…ALL of them can be bought – So if your Democrat congressman or Senator says they will vote no on cap and trade – it just means Harry Reid has not offered them enough yet!