Congressman Mike Pence: "This Budget Is Insane" (Video)

Congressman Mike Pence gave the following speech from the floor of the U.S. House in response to the release of President Obama's budget.

GOP: $3100 Increase Per Family As A Result Of Cap-and-Trade "Declaration Of War" to U.S. Families

“You know, when I was asked earlier about the issue of coal, uh, you know, under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I'm capping greenhouse gases, coal power plants, you know, natural gas, you name it -- whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.” --Barack Obama, January, 2008

Rep. Michele Bachmann recently pointed out Obama's "cap and trade" is really a tax on everyone for the use of energy. She said it will boost unemployment and drive businesses and jobs overseas to countries like China and India that don't have such a tax. In addition, she correctly points out that energy costs will double under the "cap and trade" energy tax.

Team "O" is getting ready to join the international "climate change" fleecing of tax dollars and jobs in America.

Recently, Fox News obtained a UN document which details how a "climate change" plan will use fake science to induce a massive worldwide redistribution of wealth in an attempt to control the global economy.

A new study from Spain illustrates the economic detriment of the country's "green jobs" plan. For every so-called "Green Job" created, at least 2.2 jobs from related industries are lost. Net result: thousands of job losses at the expense of appeasing radical environmentalists.

A recent Heritage study suggests that Obama's "Cap and trade" energy plan may cost upwards of $7 Trillion. "

Cap and trade" programs have killed jobs in California and the European Union.

The CBO estimates that "cap and trade" generally decreases revenue to the Federal Government, leading to an increased deficit.

Obama's "cap and trade" energy plan -- which he said last month he would sign -- may cost over $2 Trillion and up to 4 million jobs.

Cap and trade bills are nothing short of a government re-engineering of the American economy. With its aggressive targets to reduce emissions from fossil fuel use, it would put the nation on a path of serious economic harm not justified by any benefits.

Not to mention, science has yet to show that "cap and trade" will actually do anything for so-called "climate change".


CNSNews reports:

The congressional Democrats’ cap-and-trade plan to tax carbon emissions could cost every American family as much as $3,100 a year and is equivalent to a “declaration of war on the Midwest,” Republican lawmakers told CNSNews.com this week.

But Democrats disputed the Republicans’ cost figure and said the plan can be accomplished without imposing a net cost on the American people.

In general, under cap and trade, the amount of carbon that energy producers emit is capped. They can exceed that cap through the purchase, i.e., “trade,” of carbon permits. The money for those permits would be collected by the government and presumably redistributed under a system still being crafted.

“The reality is the cap-and-trade legislation offered by the Democrats amounts to an economic declaration of war on the Midwest by liberals on Capitol Hill,” Chairman of the House Republican Conference Mike Pence (R-Ind.) told CNSNews.com.

“We are going to increase costs on every American with this plan -- and the other thing we need to keep in mind is the millions of American jobs we are going to put at risk if we impose this new tax on American industry when our competitors around the world will not,” House Minority Leader John Boehner (R-Ohio) told CNSNews.com in a press conference on Thursday. “It’s pretty clear.”

Both Pence and Boehner have said they estimate that, in total, the Democrats’ cap-and-trade legislation could cost each American family up to $3,100 a year. While lawmakers are still finalizing a cap-and-trade bill, Rep. Henry Waxman (D-Calif.) and Rep. Edward Markey (D-Mass.) recently introduced the draft of the American Clean Energy and Security Act of 2009.

According to Boehner's office, the $3,100 number is based on a Massachusetts Institute of Technology (MIT) study released earlier this year that examined cap-and-trade legislation from 2007. Republicans believe the new legislation for 2009, in its final form, will be similar to the 2007 bill.

“We took MIT’s own estimate of a key cap-and-trade bill from the 110th Congress (S. 309), cosponsored by then-Senator Obama, that said S. 309 would generate $366 billion in revenues in 2015,” Boehner's office told CNSNews.com. “We took MIT’s own number – $366 billion – and divided that by the number of U.S. households. … Using this formula, you get roughly $3,000 per household.”

But Democrats deny their legislation will cost the taxpayers anywhere near that much money, and some said the legislation’s goals it can be achieved with no net cost to the taxpayer. Further, one of the MIT study’s author’s disagreed with the Republicans’ interpretation of the costs.

“That is nearly 10 times the correct estimate, which is approximately $340,” wrote MIT Prof. John Reilly, one of the authors of the disputed report, in an Apr. 1
letter to Boehner.

In reference to the $3,100 figure, Rep. Henry Waxman (D-Calif.), chairman of the House Committee on Energy and Commerce, said, “That’s not true at all.”

“In fact, the Environmental Projection Agency estimate says that it will be about $40 or $50 per family per year,” Waxman told CNSNews.com.

Waxman was referencing an EPA study of a “discussion draft” of the American Clean Energy and Security Act of 2009, the Waxman-Markey plan.

“They [Republicans] are taking research and wildly misrepresenting it,” Rep. Earl Blumenauer (D-Ore.), chairman of the House Select Committee on Energy Independence and Global Warming, told CNSNews.com. “It is not true remotely.”

Blumenauer and Reilly also said that Republicans are not taking into account the point that the federal government plans to return to the American people part of the money paid by corporations for the right to release carbon into the atmosphere -- and that the government also plans to provide Americans with goods and services funded by the cap-and-trade program.


“They are misrepresenting research and it assumes that this money is not going back to communities,” Blumenauer told CNSNews.com.

“Part of it will come right back to individual families, part of it will be used to strengthen the environment. … We want some of it to be spent to help communities with issues of transportation, the natural environment, energy conservation. There are lots of things here that are going to come right back to individuals and their communities.”

“It is very likely that the net cost when we are done with this is going to be a net positive cost because we already waste more energy than any country in the world,” he said.

“I have the idea that they [the American public] should lose nothing,” Rep. Charles Rangel (D-N.Y.), chairman of the House Committee on Ways and Means, told CNSNews.com.

“If you are in the tax system, you should be reimbursed. If you are not in the tax system, it could be a check every month.”

In his letter to Boehner, Prof. Reilly wrote, “We assumed in the analysis we did that the revenue is returned to households.” Reilly also noted that the cap-and-trade plan would reduce the number of jobs in fossil fuel industries, such as the coal, natural
gas, and oil industries.

“The higher energy prices encourage reductions in energy use by increasing the payback on improvements in energy efficiency, and through such investments households can avoid paying more for energy,” wrote Reilly. “Jobs and wages in fossil fuel industries are likely to decline but job opportunities will increase in industries that produce alternative energy sources or that provide ways to save energy.”

Republicans who spoke with CNSNews.com defended their $3,100 estimate and argued that it is unlikely that money going through the hands of the federal government will make it back intact to the taxpayers.

“Anyone who thinks you can pay $3,100 to the federal government and thinks you can get that money back completely in services -- like I said -- he may go to M-I-T but he is an N-U-T.,” Rep. Louie Gohmert (R-Tex.) told CNSNews.com.

“No, there is no chance this will not add to the net cost for taxpayers,” he said.

“This MIT study was pretty clear in terms of what this professor thought on the costs,” Boehner told CNSNews.com.

Porkulus 2.0: Another Massive "Stealth" Spending Bill No One Will Bother To Read

From WhiteHouse.gov:

Cut Pork Barrel Spending: As a Senator, President Obama introduced and passed bipartisan legislation that would require more disclosure and transparency for special-interest earmarks. Obama and Biden believe that spending that cannot withstand public scrutiny cannot be justified. Obama and Biden will slash earmarks to no greater than 1994 levels and ensure all spending decisions are open to the public.

How many times are we going to see Princess Pelosi using stealth tactics to waste our money in the "dead of the night" ?

Another massive spending bill that no one will bother to read and one hastily slapped together without any voice of reason and absolutely no input from Republicans.

Is this the change you thought you were getting? The President is arrogant, radical, dishonest and dangerous.

This is disgusting and irresponsible! What happened to the transparency we were all promised?

Human Events reports:

Here we go again! House Republicans are bracing for another onslaught of out-of-control Democrat-authored spending as the omnibus bill is expected to hit the floor of the House as early as next week.

And it’ll be yet another spending bill House Republicans and the American people have not yet been allowed to see and the Democrats haven’t even bothered to read. As if the $1.2 trillion Democrats spent on “stimulus” last week wasn’t enough of a disaster, this colossal bill encompasses the remaining nine appropriations bills for fiscal year 2009 sloughed off by House Speaker Nancy Pelosi (D-Calif.).

House minority leader John Boehner (R-Ohio) called upon the Speaker Thursday to release the voluminous spending bill online without delay. “If Democratic leaders plan to schedule a vote on the half-trillion dollar omnibus spending bill next week, they should post the legislation online immediately so the American people have adequate time to read the measure and understand what is in it,” Boehner said. “My colleagues in the Republican leadership and I made this request two weeks ago, and to date, our request has gone unanswered. Time is running short, and American taxpayers deserve to know how their hard-earned tax dollars will be used under this legislation.”

Rep. Mike Pence (R-Ind.), the House Republican Conference chairman, joined Boehner in asking again - apparently in vain -- for an open process from the secretive Democrat leadership this time around. “More than two weeks ago, House Republicans called on Speaker Pelosi to post online the text of the upcoming half-trillion dollar ‘omnibus’ spending bill, bringing it out of the shadows and before the American people,” Pence said. “So far, that call has gone unanswered. Democrats continue to spend the people’s money in secret. I renew my call for Speaker Pelosi and Chairman Obey to immediately post the text of this bill online, and allow the American people an opportunity to see how their tax dollars are being spent. As we recently learned, legislation negotiated in secret produces bad public policy. This can be avoided. We need to reopen the appropriations process to the American public.”

***

The danger of electing power-hungry radical Socialist with a Totalitarian agenda is rearing its ugly head. These Liberals are out of control. They must provide transparency.

VIDEO: Rep. Mike Pence Defends Rush Limbaugh "Not a Racist"

More Vile "Rules of Radicals"-Inspired Obama Propaganda From MSNBC

Rep. Mike Pence (R-IN) defends Rush Limbaugh against vicious attack from MSNBC.

MSNBC is in the tank with Obama and should just become a Political Action Committee.