Quote:
Originally Posted by Cimarron29414
Really? Because cap and trade is going to cost me $1800/year by Obama's estimate. So there's a 10% increase already. That doesn't count any other things the federal government has done...such as the $1,400,000,000,000.00 they overspent just last year that we are responsible for paying back. Hilariously hyperbolic, huh?
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The CBO estimated the cost of cap and trade at 175, so the 1800 is false.
As far as making up for the deficit, the only reason it was so large was because the total amount of taxes collected this year has been about 25% less than the average of the past few years...