The Cap and Tax Fiction - WSJ.com

The Cap and Tax Fiction - WSJ.com:

"The biggest doozy in the CBO analysis was its extraordinary decision to look only at the day-to-day costs of operating a trading program, rather than the wider consequences energy restriction would have on the economy. The CBO acknowledges this in a footnote: 'The resource cost does not indicate the potential decrease in gross domestic product (GDP) that could result from the cap.'"