It’s safe to say that at 3:09 am on June 26th, most of America was asleep. While they slept, Democratic leaders in the House were creating a nightmare: in the early morning hours, Speaker Pelosi and her deputies were pushing the largest tax increase in American history. In the dead of night, with no one watching, they engaged in full-scale arm twisting, backroom dealing, and outright pork-barreling to garner support for a massive bill, which few even read or understood.
When America awoke, they found Democrats talking about “green jobs” and the “new clean energy economy.” They spoke of free-markets and innovation and energy independence. All of it sounded so appealing, yet none of it was true. That;s because Waxman-Markey is full of regulations, mandates, bureaucracy, and big government programs. Waxman-Markey is, to quote John Dingell (D. MI),"a tax, and a great big one,” on small businesses, families, and consumers.
I don’t blame the Democrats for selling cap-and-trade as something it’s not. This is a political imperative for them, because the American people now know what cap-and-trade is, and they don’t like it. According to independent political analysis Charlie Cook, “Many Democrats getting back to Washington from the Independence Day recess reported getting an earful from their constituents over the ‘energy tax hike’” Further, Cook noted, “The perception is that this is a huge tax increase at a time when people can ill afford one. Hence, Democrats, whether they supported the bill or not, are getting battered, increasing their blood pressure.”