Many analysts have different views on what the new Cap and Trade (read Tax) bill is going to cost American consumers.
The Heritage Foundation, a economically conservative, yet very fair think tank estimates a family of 4 will see an increase of $1,500 per year. This is on energy costs directly (gas ,heating, electric, gas at the pump). This does not factor in the prices it'll cost those that have to ship goods and services that we are needing; this includes food, supplies, etc.
The unfortunate part of this is Obama does not get held accountable to this. He promised over and over to not raise taxes on a single dime for 95% of Americans. Well, this bill will raise a significant amount of taxes on 100% of Americans. Nonetheless, he gets away with it, being that the puppy dog media is salivating all over him.
http://blog.heritage.org/2009/05/15/the-4300-energy-tax/
