'Everyone Agrees': Waxman-Markey Will Increase Consumer Costs

Wednesday, May 20, 2009

By Steven Everley on May 18, 2009 1:40 PM

In the ongoing saga revolving around the cost of cap-and-trade to the American economy, those of us saying it will increase costs and questioning whether the government would actually rebate the money were seconded by the most unlikely of individuals:  The chairman of the House Ways & Means Committee, Charles Rangel (D-NY).
 
You might recall the words of Rep. John Dingell (D-MI), the former head of the Energy & Commerce committee, who said in April:  "Nobody in this country realizes that cap and trade is a tax, and it's a great big one."

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