U.S. Congressman Paul Broun hails today's defeat of a $1.2 trillion climate tax hike as a major victory for Americans. Under the guise of establishing a program to decrease greenhouse gas emissions, the Lieberman-Warner Climate Security Act of 2008 (S.3036) would have failed to address the climate issue, while sharply increasing burdensome regulations and taxes.
"As American families face skyrocketing prices at the pump, Congress should be doing all that it can to reduce soaring energy prices, certainly not increase them," declared Broun. "The Lieberman-Warner Cap-and-Tax bill would have resulted in an expensive energy tax hike, the loss of more jobs to overseas, and no measureable difference in the world's temperature. We must provide Americans with affordable energy. Adopting draconian measures to tax and ration energy is definitely not the way."
The grassroots free-market group Americans for Prosperity (AFP) also is celebrating the Senate bill's defeat. AFP President Tim Phillips today stated that, "American taxpayers can breathe a sigh of relief - for now - but the fight must continue in earnest to prevent an economy-crushing, job-killing, massive cap-and-trade energy tax-and-spend scheme from becoming law. Far too many Senators supported this staggeringly complex and expensive bill, an unprecedented scheme to redistribute wealth under the pretense of fighting global warming through an approach already proven to be ineffective in Europe." Phillips vows to hold accountable the 48 U.S. Senators who supported this cap-and-tax scheme.