I'm just plain tired of this.
On the FOX News front page of the website, it promotes a FOX Forum opinion piece titled "Don't Be Fooled -- Obama Wants to Raise EVERYONE'S Taxes" (http://www.foxnews.com/opinion/2009/06/26/obamas-tax-increase-americans/). The article is written by Peter Ferrara, and to sum it up, he basically states the false info that the new Climate bill will cost people $3000 a year.
We all know this is false!!! Especially since the CBO estimated the costs to be about $175 a year per household.
Yet FOX still continues to lie!!!
Per Ferrara:
On Friday, the House of Representatives passed today cap-and-trade tax legislation designed to reduce carbon emissions by raising the prices of oil, gasoline, natural gas, coal, home heating oil, and anything else that produces carbon dioxide emissions, believed to be the main culprit behind supposed global warming. That is estimated to increase costs per family by an estimated $1,600 to $3,200 each year.
During the campaign last year, in the debates, in speeches, and in campaign ads, Barack Obama promised over and over that he would cut taxes for the 95% of Americans making less than $250,000 per year. He pledged that his tax increases would only apply to the top 5% of Americans making over $250,000. Yet Obama fully supported passage of the House cap-and- trade tax bill.
Democrats pushing the bill have recently argued that the total costs per family will be trivial, as low as $80 or $175 per year. But the whole purpose of the bill is to raise the price of using carbon-based energy to reduce its use, 17% by 2020 and 83% by 2050. That is probably going to require even more than $3,000 per family per year.
Democrats didn't argue this you dipshit! The non-partisan CBO did!!
Here's Politico's recent take (http://www.politico.com/news/stories/0609/24232_Page2.html):
The complex bill mandates a 17-percent cut in greenhouse gas emissions by 2020 and a 83-percent cut by 2050, reductions that will be accomplished by putting a price on carbon dioxide through a cap-and-trade system. It mandates that 20 percent of electricity comes from renewable sources and increased energy efficiency by 2020. And the legislation gives electric utilities, coal plants, energy-intensive manufacturers, farmers, petroleum refiners, and other industries special protections to help them transition to new, less-fossil fuel-intensive ways of doing business.
It will also raise electricity prices for consumers by $175 a year per household by 2020, according to a report by the Congressional Budget Office, significantly less than the $3,000 price hike predicted by Republicans who say the "energy tax" will increase energy bills and the cost of consumer goods.
Seriously, how does FOX get away with this shit??