Just what Americans need right now…
Obama’s emissions limits plan will cost Americans $1,300 per vehicle.
The AP reported:
President Barack Obama’s new fuel and emission standards for cars and trucks will save billions of barrels of oil but are expected to cost consumers an extra $1,300 per vehicle by the time the plan is complete in 2016.
Obama on Tuesday planned to announce the first-ever national emissions limits for vehicles, as well as require an overall or industry average fuel efficiency standard at 35.5 miles per gallon…
Administration officials said consumers were going to pay an extra $700, anyway, for mileage standards that had already been approved. The Obama plan adds another $600 to the price of a vehicle, a senior administration official said, bringing the total cost to $1,300 by 2016.
Democrats are also moving their cap and trade legislation through committee this week. The cap and trade plan will cost Americans $700 to $1,400 dollars per family per year.
So, between emissions and cap and trade legislation that is being discussed this week Democrats are dumping something like $2,000 of cost on American families per year.
More… Gay Patriot wants to know where are the net spending cuts Obama promised?
Not here.
