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Rep. Blackburn: Obama's 'Cap and Tax' Hits Households Hard

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Uploaded by on Mar 10, 2009

Tennessee U.S. Representative Marsha Blackburn says Obama's "cap and trade," which she calls "cap and tax" will cost each household $1300 in new energy taxes. She also notes Obama has killed any expansion of off-shore oil drilling. Mrs. Blackburn points out that under Obama's spending, the national debt will reach $14 trillion. She says she's happy there was bipartisan opposition to the 'stimulus' package and its 8600 earmarks. Hear her thoughts on the nationalization of banks and the morale of the minority GOP in the House.

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