MI Rep McCotter’s floor speech on Cap and Tax
“Today we consider a bill that claims that government can control the weather by raising your taxes, taking your job and dictating your life. In my state of Michigan, with a 15% unemployment rate, we know we cannot afford this cap and tax bill. Others, however, disagree.
“Make no mistake. President Obama pronounced: ‘This is a jobs bill.’ He is correct—this bill will destroy jobs. But then again, this comes from an administration that claims its trillion-dollar stimulus bill would stop unemployment from going over 8%.
“The argument for this bill is nuts on its face. Government cannot design our economy and prosperity; it can only engineer our decline in poverty. But such feelings explain why this job-killing cap and tax bill is a fundamental shift from a manufacturing economy to an old, green economy called hunting and gathering.
“Passing this abominable energy tax on working families in a recession shows this job-killing, budget-busting government doesn’t understand how much real Americans are hurting for work. This is the hubris of big government: the delusion that our families’ economic future rests in the manicured hands of Congress rather than in the hard-working hands of the American people. I disagree and I urge the rejection of this bill.”
My continuing coverage of Cap and Tax, here.