Saturday, January 30, 2010

Obama's 2011 Budget to Include Phantom Cap-And-Trade Revenue

Cap-and Trade (cap-and-tax) is unlikly to pass, but that apparently will not stop Obama from including the revenue it would have generated in his 2011 budget.

http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Obamas-2011-budget-will-include-phantom-cap-and-trade-revenue-83075057.html

"A trade publication is reporting this afternoon that President Obama's 2011 federal budget proposal will assume receipt of billions of dollars in revenue generated from the cap-and-trade program even though that proposal appears now to be all but dead in Congress."

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