[Congressional Record Volume 155, Number 78 (Wednesday, May 20, 2009)]
[House]
[Page H5806]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           CAP-AND-TRADE BILL

  (Mr. POSEY asked and was given permission to address the House for 1 
minute.)
  Mr. POSEY. Soon we will be asked to vote on a cap-and-trade bill. 
Here's what I know about it. In the President's budget, it showed new 
revenue of $646 billion from cap-and-trade. The cap-and-trade plan has 
been estimated to cost American families as much as $3,000 each per 
year. The price of everything will go up, from electric bills to 
gasoline--even food. The availability of jobs will go down, as energy 
costs force more jobs overseas. And, it won't reduce emissions one 
iota. It didn't in Europe, and it won't here.
  It is simply a moneymaker. Another method of fleecing taxpayers. No 
less energy will be used. Everyone will just pay more for the energy 
they do use. It's like paying someone else to go on a diet for you.
  I'm convinced when the citizens of this great country find out what 
has been done to them by cap-and-trade, they will be outraged. No one 
can say that Congress was never told.

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