[Congressional Record Volume 155, Number 47 (Wednesday, March 18, 2009)]
[House]
[Pages H3608-H3609]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        CAP-AND-TRADE ENERGY TAX

  (Ms. GINNY BROWN-WAITE of Florida asked and was given permission to 
address the House for 1 minute and to revise and extend her remarks.)

[[Page H3609]]

  Ms. GINNY BROWN-WAITE of Florida. Mr. Speaker, let me quote from a 
meeting with the editorial board at the San Francisco Chronicle that 
then-candidate Barack Obama had in January of 2008. He said, ``under my 
plan of a cap-and-trade system, electricity rates would necessarily 
skyrocket. This will cost money. They will pass that money on to 
consumers.''
  Well, ladies and gentlemen, unfortunately, the President's cap-and-
trade plan, or as many people call it, the cap-and-tax plan, does 
exactly that.
  There was a recent study conducted by MIT, the Massachusetts 
Institute of Technology, and it was able to assess the fact that a 
total energy bill for the average household will increase over $3,000. 
As a matter of fact, it will be up by $3,128 per year. According to CBO 
testimony, those figures actually will relate.

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