Graham Backs “Cap And Trade” Energy Tax
U.S. Sen. Lindsey Graham joined John Kerry (D-Mass.) and Joe Lieberman (I-Conn.) Thursday in lending his support to a controversial energy tax hike – an appearance designed to provide U.S. President Barack Obama with a public relations boost.
Graham is the only Republican supporting the so-called “Cap and Trade” proposal, which Obama’s own Treasury Department estimates could cost the average American family as much as $4,000 a year in increased energy costs.
“Cap and Trade” purports to set up a government-controlled “emissions marketplace,” although it’s doubtful the legislation would do anything to curb global emissions. A version of the bill passed the U.S. House in June, with South Carolina’s Congressional delegation voting along party lines.
Nonetheless, this “bipartisan” announcement was timed to coincide with Obama’s arrival at a U.N. “Climate Change” summit in Copenhagen, Denmark – ostensibly giving the President a stronger negotiating hand.
Graham’s position – or rather positions – on “Cap and Trade” have caused him significant political headaches, particularly after FITS exposed some of the far left-wing elements that were underwriting his public relations defense (click here, here, here and here if you want to read our meticulously documented stories exposing the scam).
Graham has been selling his support for the bill by touting its emphasis on nuclear energy and offshore drilling, although the last time we checked those objectives could be pursued without implementing a massive new energy tax.