BOLD: Obama’s FY 2011 Budget Includes Cap & Tax!


WASHINGTON – Saturday’s Washington Examiner reports the Obama administration’s proposed budget for 2011 assumes billions of dollars in income through a “Cap and Tax” National Energy Tax plan just one Senate floor vote away from passage.

“Obama wants a vote on Cap and Tax immediately, and this is pressure tactic to win those final few votes needed to pass it.  Time is running out and it will work unless you call your senators at 202-224-3121 and tell them to vote ‘no’ on Cap and Tax,” said WTP Public Relations Director Donny Ferguson.

“The White House told Sen. John Kerry’s office that the president plans to assume revenue from the controversial climate policy approach. Kerry aides said they had assurances the revenue won’t be designated for issues unrelated to energy policy and combating climate change,” writes Energy and Environment News senior reporter Darren Samuelson, according to Examiner editorial page editor Mark Tapscott.

“Obama last year proposed in his fiscal 2010 budget that a cap-and-trade program would raise some $650 billion over 10 years via a full auction of emission credits, with the money primarily going to pay for middle-class tax cuts and development and deployment of clean energy technologies,” writes Samuelson.

In his Wednesday address to Congress, Obama pressured senators to pass the Cap and Tax plan.  The proposal is just one Senate floor vote away from passing, though a few defections among a group of wavering senators could kill the energy tax, emphasizing the urgent need for citizens to contact their senators and express their opposition.

“The decision whether to tax your light switch and eliminate two million jobs a year rests on the votes of a handful of wavering senators. Unless every senator’s phone is ringing off the hook with people telling him or her to vote ‘no,’ Obama will get his job-killing National Energy Tax that forces employers to finance his friends in the ‘green energy’ speculators’ market” said Ferguson.

“Obama is confident he will get Cap and Tax.  It is up to the American people to determine whether his arrogance results in getting what he wants as he did with the ‘stimulus’ bill, or whether it’s dashed like it was in Massachusetts.”