Obama's 'Cap and Trade' Is China and India Stimulus Plan
3,915 views · Published 6 April 2009 · 4:58 · Indexed 22 September 2026
Channel: Newsmax · 2009 · News & Politics
Minnesota U.S. Rep. Michele Bachmann points out Obama's $3.6 trillion budget triples the national debt within a decade, which is why she adamantly opposes it. She tells Newsmax TV Obama's "cap and trade" is really a tax on everyone for the use of energy. She says it will boost unemployment and drive businesses and jobs overseas to countries like China and India that don't have such a tax. She thinks this insidious scheme can be stopped, but only if people revolt quickly as Sen. Reid vows to ram it home by the end of August.
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