Transcript - Interview With President Obama on Climate Bill - Question - NYTimes.com
So are there going to be nay-sayers? Absolutely. Are there going to be short-term instances where you can get political gain by scaring the bejesus out of people and telling them that their electricity rates are going to go up a thousand percent and this is going to be a tax of $3,000 -- even though the studies that they cite the authors of say that these guys are just lying about these costs? Yes. Those political talking points will, in some cases, have some short-term impact.YouTube - Obama: My Plan Makes Electricity Rates Skyrocket
Barack Obama: "Under my plan of a cap and trade system, electricity rates would necessarily skyrocket." (January 2008)
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