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Wednesday, June 24, 2009

Obama on Cap and Trade Last Year

In this January 2008 clip, Barack Obama admits that, under his Cap and Trade plan (or Cap and Tax as it's more accurately called) "energy prices would necessarily skyrocket." The most accurate cost estimates put this "skyrocketing" at about $3,900 per year per household. There can be no pretending, this policy will devastate the ailing economy.

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