CBO KO: Waxman-Markey hurts the economy more than “doing nothing”
The CBO has issued a new report [.pdf] that summarizes the economic effects of greenhouse-gas legislation, relying on previously published analyses. The report shows just how weak the case for the proposed cap-and-trade plan really is. In fact, the CBO demonstrates that the theoretical benefits of Waxman-Markey to the United States fall far short of [...]