Home » Hot off the Press » National Energy Tax Passes House
The Waxman-Markey cap and trade bill has passed the House by a vote of 219 to 212. Unless momentum carries it, the legislation faces an uncertain future in the Senate. But I continue to believe this is lose-lose for the Democrats as they seek to pass the first broad-based tax increase of the Obama administration.
UPDATE: 44 Democrats voted no; eight Republicans voted yes.
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