A senior policy analyst with The Heritage Foundation believes "cap-and-trade" legislation will increase an already bloated federal government.
David Kreutzer tells OneNewsNow that if cap-and-trade legislation -- sometimes referred to as "energy ration and tax" by opponents -- passes the Senate, it will add more than $8 billion in additional government staff. "This is not the cost to the economy from the higher energy prices -- that's much, much higher; that will be thousands of dollars per family...$9.4 trillion over the first 24 years," Kreutzer explains. "The eight billion [dollars] is just for the staff in Washington to handle the paperwork." Proponents of the measure say the legislation is needed in order to curb carbon emissions they believe are causing alleged "manmade global warming." According to the U.N., the world only has four more months to act before it is too late to save the planet from catastrophic warming. The Australian Senate, however, has recently rejected its version of cap and trade.
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