Monday, April 6, 2009

Cap and Trade Loses in Senate


You may have missed this since the main stream media is too busy covering Obama's European tour; it seems that the cap and trade scheme that Obama and environmentalists have been pining for has hit a snag in the Senate; Democrats will not be able to ram it through with a simple majority. Senators from manufacturing states, even Democrats, know that the cap and trade scheme would be a major blow to their base and the 2010 mid-term elections aren't that far off for constituents to forget how some Senators voted away their economy--they obviously know where their bread is buttered.

The above chart provided by the Heritage Foundation.

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