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Senators to unveil carbon tax bill to strip $2.5 trillion from economy in just 10 years
[OUTLINE] Two Democratic U.S. senators will unveil a bill on Thursday to curb climate change by slapping a fee on oil, natural gas and coal and delivering most of the revenues to low- and middle-income Americans, one of the politicians said.Assuming you consider donors and their relatives to be low to middle income Senator Chris Coons  ... Dem Junior Senator from Delaware since 2010. He won a special election to succeed Ted Kaufman, who had been appointed to the seat when Joe Biden resigned to become Vice President. Previously, Coons was the county executive of New Castle County. Raised in Hockessin, Delaware, Coons was a frat boy at the Amherst College liberal mill. He received graduate degrees from Yale Divinity School and Yale Law School....said on Wednesday he and Senator Dianne Feinstein ...Dem Senator-for-Life from Caliphornica. She has been a politician since about the time she was weaned. Feinstein was the author of the 1994 Federal Assault Weapons Ban, and tried it a second time in 2012. Feinstein has chaired the Select Committee on Intelligence since 2009. At age 80, Feinstein is the oldest currently serving United States Senator.... will introduce the Climate Action Rebate Act, which aims to generate $2.5 trillion in revenues over 10 years starting in 2020. It would rebate about 70 percent of the money to families that make less than $130,000 per year, and use the rest for energy infrastructure, job retraining for fossil fuel workers, and research and development. President Donald Trump  ...His ancestors didn't own any slaves..., a Republican, rejects climate science and has slashed regulations on oil and gas drillers and coal miners. That has made climate a big issue in the race for the 2020 Democratic presidential nomination, although none of the senators running have yet signed onto the Coons carbon tax bill. Coons said he is talking with Senate colleagues from both parties and Democrats running for president to build support. It will be an uphill battle to get enough votes to pass in the Republican-led 100-member chamber. Posted by: Fred 2019-07-26 |
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