Posts Tagged ‘deficit’

A report by the nonpartisan Congressional Budget Office (CBO) says the climate & energy bill currently stalled in the Senate would reduce the federal deficit by about $19 billion over the next ten years.  The CBO is responsible for providing Congress with nonpartisan analyses of economic and budget issues, and lawmakers rely on it for guidance.  This is the second positive analysis of the bill by a government agency in a month.  A  similar report was issued by the Environmental Protection Agency in June.

Many senators have said they flatly oppose legislation that adds even a penny to the federal deficit, and these two reports should force them to look anew at this initiative which will actually reduce it.

In its report Wednesday, the CBO said the energy bill would increase federal revenues by about $751 billion from 2011 to 2020, mostly though the sale of carbon credits in a cap-and-trade plan to be applied to utilities and other sectors of the economy. (more…)

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The Texas Progressive Alliance reminds you that early voting runs through this Friday at 7 PM for the primaries as it brings you this week’s blog highlights.

BossKitty at TruthHugger is amazed that anger is directed toward the Internal Revenue Service when Americans elect the very people who make the laws IRS enforces. Joe Stack targeted the wrong end of this chain. Taxpayers get end up owing money because they do not understand the laws their representatives make. Tax and Defiance – Short Sighted Protester, Joe Stack.

In times of depleting incomes, Republican Harris County Commissioner Steve Radack brags about his $2.3 Million tax funded soap box derby track.

Two Steps Forward One Step Back for Tainted Texas Air at Bluedaze: DRILLING REFORM FOR TEXAS.

This week on Left of College Station, Teddy reflects on the next 40 days of protest that are taking place at Planned Parenthood, and reviews a performance of the Vagina Monologues at Texas A&M. Also, a look at the poll numbers in the campaign to be the next governor of Texas, and a review of the week in headlines.

The Conservative Politicians Against Compromise convention picked an old-school nutjob as the presidential nominee in 2012, notes PDiddie at Brains and Eggs.

CouldBeTrue of South Texas Chisme wants to know why Republicans hate education so much? Why make community colleges unaffordable?

In Lewisville, the school district has revoked consent for a community organization use their parking lots to gather signatures for a petition drive on the weekend.

In what will come as a massive surprise, McBlogger endorses Hank Gilbert. Find out why here.

WCNews at Eye On Williamson shows that even without the severe decrease in sales tax receipts Texas would still be facing a budget crisis, Understanding the budget and Texas’ structural deficit.

Off the Kuff notes the humor of our Attorney General suing to protect the sanctity of divorce.

Libby shaw at TexasKaos does the accountability analysis on the GOP stimulus hypocrites. See her scorecard here; TX U.S. House Members Join Senators in GOP Hall of Hypocritical Shame.


By promoting cleaner energy, cleaner government, and cleaner air for all Texans, we hope to provide for a healthy place to live and prosper. We are Public Citizen Texas.

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