KEY VOTE ALERT
"NO" ON WAXMAN-MARKEY
CAP-AND-TRADE BILL (HR 2454)

The Club for Growth urges all House members to vote "NO" on the Waxman-Markey bill that would impose a cap-and-trade scheme in order to effect climate change. The bill is expected to be considered as early as this week. This vote will be included in the Club for Growth's 2009 Congressional Scorecard.

This massively expensive anti-growth bill would stifle the economy, increase taxes on most Americans, and implement a sweeping protectionist provision that would threaten global commerce.

This bill would set up several new government programs and regulations, redistribute money in the form of subsidies to individuals and for corporate welfare payments, and perhaps worst of all, it would slap "carbon trade barriers" on any country that doesn't implement a climate change scheme similar to this proposal. And, according to the Heritage Foundation, the direct and indirect taxes on a family of four would reach almost $3000 per year if Waxman-Markey passes. Heritage also reports that, in the aggregate, GDP would drop by over $9.4 trillion with unemployment increasing by 2.5 million. This bill should be vigorously opposed.

Our Congressional Scorecard for the 111th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to our members and to the public.