If you do tax it more, you will have lower economic growth over time.
I am against a carbon tax because it is regressive. It hurts poor people the most.
the heaviest lifting would have to be done through spending if you want to get to a balanced budget.
We are consistently going broke as a country because we are projected to be $51 trillion in debt in just 10 years.
We just don't have an economy that will give us more revenue.
The most important thing is we have got to survive into the mid and long-term financially.
Running $2 trillion deficits, the Trump tax cuts, which by the way were getting close to paying for themselves pre-COVID, that is chump chan...
my Carbon Pricing Bill was priced out at about $2 trillion over 10 years.
I think this has a potential to be a very important tool to get at the insulation between the top and bottom layers.
Thank you, Chairman Casey, and thank you to all witnesses for being here.
my hope is that as we discuss this, we make it as easy as can be without the heavy hand of maybe Government for the elderly when they are wi...