We have much more to do and your continued support is needed now more than ever.
American Power Act Gets Big Boost From Budget Experts
The American Power Act, sponsored by Senators John Kerry & Joe Lieberman, got a big boost today from the people who analyze the dollars & cents in federal legislation:
Congressional budget experts say a climate and energy bill now stalled in the Senate would reduce the federal deficit by about $19 billion over the next decade, a key selling point for advocates who are struggling to move the bill through a divided Congress.
The Congressional Budget Office said Wednesday that the bill would increase federal revenues by about $751 billion from 2011 to 2020, mostly though the sale of carbon credits in so-called a cap-and-trade plan applied to utilities and other sectors of the economy. The measure would increase spending by about nearly $732 billion.
Now’s your chance to give clean energy & climate legislation a boost of your own. Email your senators right now! With record-breaking heat on the East Coast, dirty energy polluting the Gulf Coast, and $1 billion dollars a day draining out of the economy to buy oil from overseas, there’s never been a more urgent time for Congress to act.