Climate Progress » Blog Archive » Obama [bids to become a one-termer]

[Obama] And above all, it will protect consumers from the costs of this transition, so that in a decade, the price to the average American will be just about a postage stamp a day.

Because this legislation is so balanced and sensible, it has already attracted a remarkable coalition of consumer and environmental groups; labor and business leaders; Democrats and Republicans.

But it's opposed by Warren Buffett, saying it would be a huge, regressive tax.