I doubt Rep. Henry Waxman (D-Calif.) and Rep. Edward Markey (D-Mass.), co-sponsors of the American Clean Energy and Security Act of 2009, or members of their staffs actually wrote it. Few, if any, of the 219 representatives who voted for it or the 212 who voted nay had even read it. The full text of H.R. 2454 wasn't fully released until hours before the historic, transformational vote. Who was awake in D.C. when a 300-page amendment were dumped onto servers at 3 a.m the day of the vote?
Members of Congress knew little about the bill beyond what President Obama, House Speaker Nancy Pelosi, Markley, Waxman, and ex-vice-president Al Gore told them. If you think the cap-and-trade tax to reduce carbon dioxide emissions will only raise your household electrical bill $175 per year by 2020 as a Congressional Budget Office report claims, you also believe in the tooth fairy. The legislative and executive branches of our federal government have a historic tendency to botch estimates such as Social Security solvency, the cost of weapons systems, and Medicare and Medicaid subsidies.
In government I do not trust. It has a known track record. Legislation is crafted by lobbyists--in this case nearly 2,340 authors working for 770 special interest groups and companies. These groups spent nearly $90 million in 2008 for climate-change lobbying. Cap and trade taxes will eventually bring about a cleaner environment by making it too costly for "ordinary Americans" to live, work and invest here.