What Cap and Trade Will Cost
A Heritage Foundation analysis finds that proposed “Cap and Trade” legislation will cost the average American family $3,900 per year.
The chart to the left compares the cost of this legislation to other household expenditures.
President Obama, one would expect, would characterize the costs of his plan more optimistically … or maybe not. As he said, “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.”