Various analyses show that Lieberman-Warner would result in higher prices at the gas pump, between 41 cents and $1 per gallon by 2030. The Congressional Budget Office (CBO) says Lieberman-Warner would effectively raise taxes on Americans by more than $1 trillion over the next 10 years. The federal Energy Information Administration says the bill would result in a 9.5% drop in manufacturing output and higher energy costs.
Just add this to the "brillant solution" pile of junk the Dems like Dorgan (windfall profits tax) are proposing. One has to ask, do Democrats hate growth and progress?
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