Jul 1, 2009

Al Gore: the cost of the American Clean Energy and Security Act is a poststamp a day

Al's Journal : What's in a number?

In Washington, the CBO is considered one of the best sources for the cost of legislation. They wrote: "On that basis, the Congressional Budget Office (CBO) estimates that the net annual economy wide cost of the cap-and-trade program in 2020 would be $22 billion-or about $175 per household."

That works out to approximately the cost of a postage stamp a day.