The TRUE Cost of "Cap and Trade"

Documenting the coming economic collapse, thanks to Obama and "global warming."

Offsetting energy costs July 3, 2009

Filed under: Uncategorized — Amy Curtis @ 11:16 am

From Kate at Small Dead Animals:

“The bill (H.R. 2454) requires the Secretary of Health and Human Services to provide monthly cash payments, or “energy stamps”, to low-income households for their estimated “loss in their purchasing power” resulting from the Democrats’ national energy tax. The bill establishes a national standard of eligibility (covering everyone under 150% of the poverty line). Energy stamps would reach an estimated 65 million individuals (about 20 percent of all US residents) – making it a larger program than welfare, food stamps, or even Medicaid. (H.R. 2454, American Clean Energy and Security Act of 2009, Sec. 431, p. 1193)”

So for the hardworking Americans who make over 150% of the poverty level, you’re S.O.L.   Utility bills up 100%?  Tough.  Deal with it.  Gas at $6.00/gallon?  Too bad.  Food prices doubled?  Eat less.

Because the government will make sure some people aren’t forced into making such tough decisions.


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