This act is 1200 pages long and includes BILLIONS in pork, including 300 pages that was added early in the morning before the vote. Worse for us, it includes the so-called "cap-and-trade" provisions.
The Wall Street Journal says that the bill will "impose crushing costs on...consumers" (Review & Outlook, June 25, 2009). Estimates are that residential electricity costs may increase 90%.
Despite what anyone says, this act will dramatically increase energy costs, and when we can least afford them.
And it will cost jobs. Much of US "green jobs" policy, which is in this act, is based on Spain's policy. Policies that has caused Spain's unemployment to go to 17.4% as of April.
To put it simply, Rep. Rick Boucher voted to increase our energy bills as much as 90%. And he voted to support a bill that will increase unemployment even worse than it already is.
If you don't live near me, check here to see how your Representative voted.
And vote against him or her the next chance you get. I will.