Budget Office Paints Bleak Picture for Fossil Fuel Sector, WyomingMr President: Please quite apologizing for our country and start helping the american worker retain their jobs! Instead of tearing down america, help us build it up. Why do we allow Russia and China to drill off-shore at Key West and we hope they might sell us some of the product produced? Come on, get real.
Barrasso Lauds Honesty from Non Partisan Budget Office
October 14, 2009
WASHINGTON, D.C. -- The non-partisan Congressional Budget Office (CBO) predicts the U.S. fossil fuel industry will suffer significant job losses if the Waxman-Markey climate bill is signed into law.
Director of the CBO, Dr. Douglas Elmendorf, said the fossil fuel sector would mirror the massive job losses experienced by the manufacturing industry since the 1970s.
The startling admission was in response to questioning by Senator John Barrasso (R-Wyo.). Elmendorf was testifying before the Energy and Public Resources Committee hearing Wednesday.
“This is not sugar coated. The CBO assessment of the Waxman-Markey climate bill is very bad news for Wyoming industry,” Barrasso said. “It is bad news for America’s fossil fuel sector. The CBO has painted a worrying, yet very honest picture of the impact of this bill on Wyoming jobs.”
Isaiah 45:3 I will give you the treasures of darkness, riches stored in secret places, so that you may know that I am the LORD, the God of Israel, who summons you by name. s I have played.
Friday, October 16, 2009
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