Kerry-Boxer Bill Would Create $21 Billion Surplus, CBO Says
CQ:
The Congressional Budget Office said Wednesday that the cap-and-trade climate change bill sponsored by Sens. John Kerry, D-Mass., and Barbara Boxer, D-Calif., would generate a $21 billion surplus over the period of 2010-19. The nonpartisan CBO also said that after 2019, the bill, S 1733, would continue to generate more money than it would spend.
Here is the Congressional Budget Office’s full analysis:
