The "Cap and Trade" plan supported by Al Gore failed a crucial test in the Senate this past week. It is a victory for the US economy and especially for energy producing states like West Virginia. 66 Senators voted to require a 60 vote majority to impose any "Cap and Trade" legislation. This will make it harder for the Obama administration to pass this anti-economic growth legislation.
The fear is that the Obama administration will try to by pass the Congress and the Constitution by imposing stricter regulations through the Environmental Protection Agency. Some of these regulations will reach deep into local governments causing increasing taxes across the board putting even more strain on the sluggish economy.
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