Yet Another GOP Cost Estimate For Cap-And-Trade

May 22, 2009 11:59 am ET

In a May 21, 2009 posting on Fox Nation, Rep. John Shadegg claimed cap-and-trade legislation would cost American families $4,300. Over the course of the last week Republicans have claimed that cap-and-trade could cost $1,500, $2,200, $3,000, and $3,100. Are Republicans just making it up as they go along?

In One Week, Republicans Gave Five Different Cost Estimates For Cap-And-Trade

Rep. John Shadegg: "Cap-and-Trade, simply put, is an enormous tax on American energy designed to reduce the emission of carbon dioxide. If passed, it will cost American families an estimated $4,300 a year." [Republican Study Committee, 5/21/09, emphasis added]

Rep. Cliff Stearns: "With our nation struggling through the worst economic crisis in over 70 years, the majority should not risk further economic damage by quickly forcing through this committee a hastily crafted and incomplete carbon emissions mitigation scheme that essentially amounts to a $1,500 energy tax on every family in America." [RedCounty.com, 5/18/09; emphasis added]

Republican Study Committee: "Today, the House Energy and Commerce Committee will begin its markup on the Democrats National Energy Tax legislation. If you oppose $3,000 in new taxes for every American family, please let your representative know that American cannot afford this job-killing legislation." [Republican Study Committee, 5/18/09; emphasis added]

Rep. Don Manzullo: "The non-partisan Congressional Budget Office (CBO) estimates that a 'cap and tax' program will increase energy costs by as much as $2,200 per family." [The Hill, 5/14/09; emphasis added]

Rep. John Boehner: "I represent tens of thousands of rural Americans in my Ohio congressional district, and I know that saddling them with an additional $3,100 burden per family each year through a national energy tax will only make matters worse at a time when Americans are expecting far better solutions out of Washington." [Boehner Press Release, 5/19/09; emphasis added]

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