Wednesday, September 30, 2009

Senate Cap and Tax Bill

Senator Boxer and Senator Kerry just introduced their version of cap-and-tax this afternoon. The Senate bill increases the mandate on emissions to a 20% reduction by 2020, 3% higher than the contentious Waxman-Markey bill. In includes the disastrous cap and trade provision and does little more than the House version to encourage nuclear energy development. This bill is bad for families, small businesses, and domestic energy production. Like Waxman-Markey, it will ship our jobs overseas to countries with little benefit for the environment. Read more about the Boxer-Kerry bill here.

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