I Hate the Cap and Trade Bill

Remember that cap and trade bill Obama is attempting to shove down the US Senate's throat?

One of my radio commentators is actually attempting to read the thing. He found three little hidden gems in the 1200+ page document.

1. Singles making less than $17,000 a year and families of 4 making less than $33,000 a year will get "energy payments" from the government to offset the cost of this monster. Who's going to pay for that? Let me guess, those of us making more than that.

2. The Earned Income Tax Credit will double for those with no dependents.

3. Administrators of Medicare and Social Security will be able to tap into general revenues of the U.S. Government, if it is determined that the Cap and Trade bill has resulted in a reduction of revenues going into those two trust funds. In other words, if there are job losses from this bill (and you know there will be), the bigwigs at Medicare and SS can demand the government give them money that they didn't get because unemployed people aren't paying into Medicare and SS.

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