You know sealy there are two reps. in that video from MI. one a democrat and one a republican. By not watching it you do yourself a diservice. I was under the impression you wanted jobs there in MI. and the economy to come out of the tank? You do know the CBO in that very same report says that your bills on everything will go up don't you? The one congressman from Mi. in that video states that 1 out of 3 Mi. residents are at least 1 month behind paying utility bills due to struggling to pay bills. What do you suppose a rate hike will do to that? Do you think it will help or hurt? How many companies do you think that are teetering on the edge need that extra push to go under because of a rise in transportation costs, utilities, goods, ? Do you think that will help Mi.? The CBO report spells all that out quite clearly this bill is a tax bill to generate revenue for the Federal Govt. I will put another video up for you that you might like even better as it has Obama in it....
YouTube - Barack Obama Admits: Energy Prices Will Skyrocket Under Cap And Trade
Only one solution then. Raise taxes on the rich. Costs might go up for us a little, but they can only put the burden on us so much. At that point, the rich need to chip in a little more.
If the status quo is unacceptable. Is it? Can we just continue doing what we are doing now indefinately? These are things I need to know.
And will this eventually save us money? Like putting solar panels on your home is expensive, but will save you money in the long run.
So no, don't raise rates too much on the average Michigander. A little won't kill anyone. But beyond that, we need some help from the rich.
And maybe their going to cut taxes elsewhere. If they give me a $85 tax break on my paycheck and heating prices go up $85, it's a wash.
But to jack up seniors heat bills without a safety net? No.
Maybe they won't let any seniors suffer. Maybe that's in the bill. I don't have all the answers.
I'm sure you will point out the negatives and then we can either agree or disagree/debunk.