California Lawmakers Agree to Raise Gas Prices 40 Cents-Per-Gallon
With California’s tax policy, the only certainty is that consumers will lose money.
The latest example is the growing fight over whether to include fuel distributors in the Golden State’s controversial global warming regulatory scheme. Doing so would subject them to the same cap-and-trade system applied to industrial facilities, and could add between 12 – 40 cents-per-gallon to fuel purchases within the next year. The leading alternative would opt for a flat 15 cent-per-gallon carbon tax, which grows to 40 cents by 2029.
In short, California lawmakers have agreed that gas should cost an additional 40 cents-per-gallon. They’re just torn over how long to wait before imposing it on taxpayers.
This is what passes for deliberation in a state dominated by tax-and-spend liberals.…[more]
Back in 2008, Barack Obama brashly aspired to a Reagan-like “transformative” presidency:
“I think Ronald Reagan changed the trajectory of America in a way that, you know, Richard Nixon did not, and in a way that Bill Clinton did not. He put us on a fundamentally different path because the country was ready for it. I think they felt like, you know, with all the excesses of the ‘60s and ‘70s and, you know, government had grown and grown but there wasn’t much sense of accountability in terms of how it was operating. And I think people just…
"Some Democrats hope to minimize the importance of Obamacare as a political issue by focusing on other topics in this November's midterm elections. Some hope to win by promising to fix the flawed national health care plan they passed in 2010. And others hope to turn the issue on Republicans by appealing to voters who have been helped by the law. The problem is, none of that will work. The importance…[more]
—Byron York, The Washington Examiner Chief Political Correspondent
— Byron York, The Washington Examiner Chief Political Correspondent