Submitted by D. Greer on Thu, 06/25/2009 - 2:56pm.
Congress is set to vote on "Cap and Trade" legislation that many Texas officials are rightly speaking out against. It will cap Texas' growth and trade away our prosperity.
Comptroller Susan Combs is asking that the U.S. House take a closer look at the ramifications of such a measure on Texas’ economy. According to Combs output is projected to drop by 1.6 percent, or $25 billion, in 2030.
This bill is going to cap our growth causing the cost of living to rise while employment drops, and the trade is allowing other nations to grow their economies while we languish.
Taxpayer Champion State Rep. Ken Paxton of McKinney noted in an e-mail to his constituents, "Washington, D.C. should follow our lead and promote policies that allow businesses to thrive without additional regulatory burdens that lead to job loss and increased prices."
For more information on how this legislation will impact Texas check out the new Cap and Trade website set up by Comptroller Combs.
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Bet They Don't Read It
Read this morning the cap-and-tax bill is 1200 pages long. Bet not a single person has read it.
Something tells me Combs is
Something tells me Combs is being conservative. Since no one has really absorbed this thing yet, my hunch is that the cost will be much, much higher. STOP CONGRESS!!!!!!
Cap & Tax
It's wealth redistribuion by Obama. It will, as always, cost more then the government projects. It will stiffle growth and increase unemployment. When will Texas say enough and sucede? Does anyone think it's going to get better with the likes of Pelosi, Obama, etc?
Obama's wealth redistribution
Is there any way that all of this crap Obama and the liberal idiots can be reversed when we elect more conservative leadership in the future?
CAP & TAX
This is LUNACY!!!!!!!!!!
Empower Texans may have to begin the process for Texas to indeed SECEDE!!!
Mary Matthews
Bellville, Texas
Cap spending, not growth
The only thing that should be capped is government spending, at all levels. The only way to ensure our tax money is spent property is to constitutionally cap government spending. The only reason taxes rise is because spending rises.
Cap Spending
I agree that capping spending is the right way to go. I also believe that Texas must get off the "growth" bandwagon and begin to shrink creatively. Texans want small, local government, and much smaller cities. We want few and low taxes spent on what we want, not what big government and developers, and giant utility companies want.
Texans want to be out from under public school districts run amok. Re-establish schools as private, where each set of parents pays tuition rather than property owners financing public schools. and where parents control the schools. Free the schools from the federal and state governments, and free property owners at the same time.
Texas should get off the welfare mentality bandwagon as well. Revoke and refuse to participate in CHIPs, Medicaid, Medicare, WIC, and all the other "freebies" that drain taxpayers. Get rid of "public" and so-called "affordable" housing which taxpayers are forced to subsidize.
And get rid of the illegal aliens and their illegal alien babies. Whatever works, but make it quick. We are tired of being forced to support them.