CBO strikes again – Democrats’ cap-and-tax would hurt the economy

By: Dan Spencer (Diary)  |  October 15th at 08:57 AM  | 

The Director of the Congressional Budget Office, Douglas W. Elmendorf, told the Senate Energy and Natural Resources Committee that the House-passed Waxman-Markey cap-and-trade tax climate change legislation – would slow the economy and would cause “significant” job losses in fossil fuel industries: We want to leave no misunderstanding that aggregate performance — the fact that jobs turn up somewhere else for some people — does | Read More »