Word: caps
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...that have received financial assistance from the government bailout. These bonuses continue to receive enormous coverage in the media, inflaming the passions of voters and politicians alike. Informed by this sentiment, a New York Times/CBS Poll conducted in February found that "83 percent of respondents said the government should cap the amount of compensation earned by executives of companies that are getting federal assistance...
...Congress debates health-care reform, American families are already picking up the tab for universal health coverage. That's the finding of a new report released March 24 by the Center for American Progress (CAP), a Washington-based liberal think tank...
...course, if the Obama Administration achieves its stated goal of passing carbon cap and trade legislation, EPA regulations might be superseded - and even deep greens generally prefer Congressional action to federal fiat. But with cap and trade looking like it may become a victim of the White House's need to prioritize amidst a sea of crises, the EPA's actions could provide a much-needed nudge to Congress. "This is a strong message," says O'Donnell. "Congress either has to face the reality that something has to be done, or the Obama Administration will just do it itself." What...
Under the Administration's proposed scheme, companies that produce carbon over the cap would buy credit from facilities that have modernized. The additional costs to businesses of the program, however, are more than likely to be passed on to the consumer, amounting to what some argue would effectively be a new tax on ordinary Americans. "That is a massive new tax. It's a tax on energy, and it will flow directly through to the consumer in the form of a national sales tax on their electric bill," Senator Judd Gregg, a New Hampshire Republican, said in questioning White House...
...result, Republicans want to see all revenue brought in from the cap-and-trade system returned to consumers, potentially as tax rebates. Obama, by contrast, would keep 20% to invest in his green-jobs program. Republicans have also said they would not support a bill that does not include money to expand the nuclear industry - something opposed by many Democrats and environmentalists. There is also disagreement over the involvement of other countries in any potential market and how best to help developing nations build up clean technologies...