Thursday, July 9, 2009

What cap and trade means to homeowners - it's not pretty

The cap and trade bill was over a thousand pages when it reached the floor of the House for a vote. At 3:00am the night before debate, Democrats filed a manager's amendment to the bill that contained hundreds of pages of technical changes with virtually no time to read and digest what those changes would mean for the average American consumer. Now that the dust has settled from the House vote, information is beginning to leak out on what is actually in the cap and trade bill as passed by the House. With each passing day, it becomes even more clear why Congressman Shuster voted no on cap and trade.

One of the arguments made by House Republicans during the debate on cap and trade was that it stamped a one-size fits all mandate for home energy efficiency standards with a load of unfunded mandates on the states. Essentially, it would take California's building code and apply it to all 50 states, from Maine to Alaska and Pennsylvania. A post on the American Issues Project's blog goes into more detail on what this actually means to homeowners. If you own a home, or are in the market for a home, read this post.

Posted by: Press Secretary

1 comment:

  1. this is insane! My husband and I have 3 children, how are we going to afford to pay this extra money? I have no idea!