Boehner's Office: We Stand By Our Distortion Of Cap-And-Trade Study

[babylonsister]

:rofl: :crazy:

http://tpmdc.talkingpointsmemo.com/2009/04/republicans-stand-by-misreading-of-mit-study.php?ref=fp2


Republicans: We Stand By Our Distortion of MIT Study
By Brian Beutler - April 2, 2009, 1:53PM


Republicans won't be changing their story on the cost of climate change legislation anytime soon. I just spoke with Michael Steel, spokesman for John Boehner, about the letter the House Minority Leader received from M.I.T. scientist John Reilly. By way of background, Reilly wrote to Boehner yesterday and gently informed him that he and other Republicans had "misrepresented in recent press releases" an M.I.T. study, which estimated that a cap and trade program would likely cost the average family $340 per year. The GOP is claiming, based on the same study, that the legislation would cost the average family $3,128 per year.

"We stand by our analysis," said Steel.

Steel says the GOP's claim is based on the Obama budget proposal, which doesn't propose rebating cap-and-trade revenues directly to consumers (i.e. writing a flat check to every tax payer).

Instead, his proposal contemplated rebating $64 billion a year through a payroll tax cut.

But, the Republicans say, Senate Democrats have suggested using cap-and-trade revenue to pay for health care reform. In reality, Senate Majority Leader Harry Reid has quashed that idea.

more...

Related:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5376639&mesg_id=5376639

MIT Scientists: The GOP Is Wildly Distorting Cap-And-Trade Study