Thinkprogress:
Yesterday, Professor Reilly sent a forceful letter to Boehner and the Select Committee on Energy Independence and Global Warming to denounce this blatant distortion being told by Congressional Republicans.
Reilly noted that $3,100 was actually “10 times the correct estimate which is approximately $340″ and that the costs on lower and middle income households can be “completely offset by returning allowance revenue to these households”:
It has come to my attention that an analysis we conducted examining proposals to reduce greenhouse gas emissions, Report No., 146, Assessment of U.S. Cap-and-Trade Proposals, has been misrepresented in recent press releases distributed by the National Republican Congressional Committee.
The press release claims our report estimates an average cost per family of a carbon cap and trade program that would meet targets now being discussed in Congress to be over $3,000, but that is nearly 10 times the correct estimate which is approximately $340. […] Our Report 160 shows that the costs on lower and middle income households can be completely offset by returning allowance revenue to these households.
1 comment:
Boner Boy needs the kick back money he gets so lying is just part of his job. He cries when the checks don't come in as he needs that money to stay brown and keep his hair style. Just think Boner Boy would look like a bum on the the street without his make up can anyone say Joker.
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