Rush Limbaugh: We Cannot Eliminate Coal, and Global Warming is a Hoax Anyway!

The bill -- the climate trade bill, the cap-and-trade bill, the climate bill, global warming bill, the save-the-planet bill -- would also tinker with the earned income tax credit by doubling the EITC for those with no dependents and include an inflation adjustment. That's on page 1209. And then there's an interesting section right after the EITC language, Section 433, protection of Social Security and Medicare trust funds in the climate bill. From the way it's been read here by Jamie Dupree, who is a blogger, the administrators of Medicare and Social Security would be able to tap into general revenues of the US government if it's determined that the cap-and-trade bill has resulted in a reduction of revenues going into those two trust funds. Okay, the poverty line for a family of four is $22,050 for one person, a single family. For a single person poverty line is $10,000. That's a lot of people that are going to be having direct deposits. So the people that run Medicare and Medicaid are going to be able to rob the general fund as a result of the cap-and-trade bill if the costs of cap and trade deplete trust fund. The trust funds are empty anyway. It's another piece of legislation that has very little to do with what its title or claim is.

China joins carbon tax protest : Qatar's leading English Daily

London/Beijing: Beijing yesterday joined a growing clamour of complaint about US plans for a carbon tax on imports from countries without their own emission caps, warning it could set off a global trade war. The warning follows the passage of a cap-and-trade bill in the US House of Representatives last weekend, which contained tough provisions to impose carbon tariffs to ensure that American companies would not lose competitive advantage.