A Project of The Annenberg Public Policy Center

Boehner and the Cost of Cap and Trade

On Sept. 20 on NBC’s "Meet the Press," House Minority Leader John Boehner of Ohio claimed that according to the Department of Treasury, the Democrats’ proposed cap-and-trade system would be costly for American families:

Boehner, Sept. 20: It’s a cap-and-trade system, this big giant tax on the American people that this week, we just find out, the Treasury Department said will cost the average family $1,700 per year.

That’s not true.

Cantor Sticking with $3,100 Cost Estimate

In a post announcing the launch of a video news release questioning the priorities of House Speaker Nancy Pelosi, the Office of the Republican Whip Eric Cantor of Virginia says that the American Clean Energy and Security Act, which Pelosi helped usher through the House of Representatives, “will impose a national energy tax of up to $3,100 on all Americans and slam small businesses with higher energy bills, causing the loss of millions of jobs.”

The video,