While the admistration was coercing the OMB into coming up with the “it will only cost the price of a postage stamp a day (ca. $175/year)” for the impact of the House passed Cap and Trade bill, it was burying the Treasury Department’s assessment that the cost would be more than $1700 per family per year.
Cartoon by Ramirez—See his marvelous array of cartoons here
We have previously discussed the fact that the OMB’s “postage stamp” was bogus as it neglected to take in the effect on the GNP. see here The Treasury’s number coincides with that of the Heritage Foundation, the Brookings Institute and others. The Treasury’s figure was pried-out by Chris Horner using the Freedom of Information Act. Even then much of it was redacted. So much for Obama’s promise of a “transparent administration”.
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