AP Continues To Slant Truth, Smear Republicans With Cap & Trade Lies

At least not all supposed journalistic entities still pretend to not be soaked in liberalism. The Associated Press (AP), however, does still wear its mask. The front page of Yahoo! boasts this headline link:

Republicans propose big tax cuts and curbs on spending

Instead of getting details on the GOP proposal for a flat tax, the link leads to an article that opens with this paragraph:

The House took up a budget plan Wednesday that would allow Democrats to enact health care legislation more easily while Senate Republicans won a key vote to slow the advance of global warming legislation.

Ahh, so apparently the wonderful, benevolent, all-loved House Democrats fought for the poor, tired, and weak to receive health care while the big, mean, evil GOP spent their hours fighting for smog and acid rain with pro-global warming legislation. If the AP prints it, it must be true, right?

That win by the Senate Republicans was a victory for all Americans as it slowed the progress of Barack Obama’s economy destroying Cap & Trade Scheme. The C&T would enact a national tax upon every single American.

This isn’t speculation, it is a fact:

Peter Orszag — now Mr. Obama’s budget director — told Congress last year that “Those [energy] price increases are essential to the success of a cap-and-trade program.”

Hit hardest would be the “95% of working families” Mr. Obama keeps mentioning, usually omitting that his no-new-taxes pledge comes with the caveat “unless you use energy.” Putting a price on carbon is regressive by definition because poor and middle-income households spend more of their paychecks on things like gas to drive to work, groceries or home heating.

The Congressional Budget Office — Mr. Orszag’s former roost — estimates that the price hikes from a 15% cut in emissions would cost the average household in the bottom-income quintile about 3.3% of its after-tax income every year. That’s about $680, not including the costs of reduced employment and output. The three middle quintiles would see their paychecks cut between $880 and $1,500, or 2.9% to 2.7% of income. The rich would pay 1.7%. Cap and trade is the ideal policy for every Beltway analyst who thinks the tax code is too progressive (all five of them).

Despite Obama’s campaign promise to never raise taxes on the middle class this Cap & Trade would do exactly that and more. Only Obama’s voters who live in trees and eat dirt would be untouched by this terrible plan.

Energy alternatives? Yes! Obama’s Cap & Trade tax on America? No!

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