Kerry-Lieberman Cap and Trade Bill: What You Should Know
Ok, full disclosure: I didn't know about this bill before today. I mean, don't get me wrong, I knew about cap and trade. I just wasn't aware of the details of this particular bill. But when former YAL staffer Jeff Hubbard sent me this information for the YAL blog, I pretty quickly determined that it was important to both know and share. Here are the key findings of a recent study on the Kerry-Leirberman Cap and Trade bill, known as the American Power Act:
- The American Power Act would reduce U.S. employment by roughly 522,000 jobs in 2015, rising to over 5.1 million jobs by 2050.
- Households would face a gross annual burden of $125.9 billion per year or $1,042 per household, with costs disproportionately borne by low-income households.
- On a net basis, the top income quintile will benefit financially, redistributing to these households roughly $12.3 billion per year from the bottom 80 percent of earners.
Read more here

Here's another classic example of GOP establishment hypocrisy.
Constroversial (and socialist) filmaker Micheal Moore announced that he is determined to 










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