Home > Economy, Fraud, News, Obama, Propaganda > Oh, look. More Obama lies: Obama Administration Admits Cap-&-Trade Will Be Far More Expensive Than Advertised

Oh, look. More Obama lies: Obama Administration Admits Cap-&-Trade Will Be Far More Expensive Than Advertised

This is important and telling.  Obama knowingly lied to the US about the cost of this.  The Dems lied to us about the cost of this.  These people want to raise taxes to control the wealth in the US.  End of discussion.

I mean its not like this info is even new.  Obama knew about it all along.  The Heritage Foundation knew it all along.  Most Republicans knew about it all along.  The only problem was Obama kept it secret, and the MSM wouldn’t report on the truth.

Obama lied about transparency.  Everything they do is in secret.  Everything they do is based on deceiving the public with the MSM backing them up every step of the way.

If you voted for Obama, I wonder if this is what you were hoping for.  Oh, and you can’t blame this on Bush… although, I am sure some of you will try.

Now it looks like the cap and trade price tag will be even worse than expected.
The New York Post reported:

The report shows that the cap and-trade bill the White House is pushing in Congress — in which companies have to buy “allowances” for carbon emissions — is far more expensive for Americans than advertised.

Sure, everyone knew the firms would pass these costs along to customers.

But supporters of the bill claimed that consumers would face only “nominal” increases — barely $200 a year.

Wrong. The Treasury analysis puts the actual nationwide cost of cap-and-trade at some $200 billion a year — or $1,761 per household. That figure is very close to the $1,870 amount estimated by the Heritage Foundation prior to the vote in the House.

Families will be hit with a steep climate-change tax, after all. And that will certainly include working- and middle-class folks who make less than $250,000 a year.

Second, the analysis was kept secret and only recently leaked. That directly violates President Obama’s vows of transparency.

Gateway Pundit: Obama Administration Admits Cap-&-Trade Will Be Far More Expensive Than Advertised

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  1. Mike
    October 4, 2009 at 2:12 pm

    c’mon… he said energy prices would “necessarily skyrocket.” now he thinks they’re going to go even higher? get the hell out of here… no seriously… resign

  2. Sling Blade
    March 31, 2010 at 5:14 pm

    Resign? It will Never happen, although that IS a wonderful thought.This country can’t take almost three more years of this communist bastard.
    IMPEACH OBAMA!!!

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