Even President Barack Obama admitted this proposal will cause the price of your energy to “necessarily skyrocket.
Last Friday, Newt testified
at the House Energy and Commerce Committee against this proposed
massive, job-killing energy tax, which is often called cap-and-trade.
(Watch his full testimony here).
bill is essentially a tax on energy companies and other industry that
is passed down to every American in the form of higher energy costs and
higher costs for anything produced with energy (i.e., food, clothing,
Chairman Emeritus of the Committee John Dingell, a Democrat from Michigan, said during the hearing, “No one in this country realizes that Cap-and-Trade is a tax, and it’s a great big one."
The effort to raise the price of your electricity is fierce and
relentless, but fortunately there is bipartisan resistance to this tax,
which according to several studies would cause 1.9 million Americans to lose their jobs.
Simply put, this energy tax is a threat to America’s global
competitiveness. The Energy and Environment subcommittee is determined
to move on this bill this week or next, so it is extremely urgent that
you take action and call you Congressman now.
And if you haven’t already, don’t forget to sign up for action alerts to stay up to date on this unfolding threat to American jobs and prosperity.