Wednesday, June 04, 2008

Reid still claiming that global WARMING is "the most important issue facing the world today"


GOP tries to scuttle climate-change bill
"I am terribly disappointed with how the Republicans are directing their troops on the most important issue facing the world today, global warming," Reid said.
...
Republicans argued Tuesday that the bill is a heavy-handed government answer to climate change. The bill would require industry to pay for the right to emit greenhouse gases, which could yield over $6 trillion through 2050 in revenue the government could distribute.

Consumers affected by higher energy prices would receive $800 billion in tax rebates. Farms and forests could qualify for $300 billion in aid for conservation programs.

The auto industry would receive $68 billion to produce more efficient cars. States that take early action to cut emissions would get $566 billion.

Sen. Bob Corker, R-Tenn., complained that this new spending would be the "mother of all earmarks." He suspects the bill's sponsors are seeking to win support by "spreading this money around to various interest groups around the country."

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