Harry Reid actually said...

We're talking about a social program, where we're investing in paying them for environmental services so they stop cutting down the forest.

The Waxman-Markey bill puts that out there; it says we're going to have this separate goal, we're going to put some investment directly in d...

Cap and trade, as it is currently defined in the Waxman bill... is not economy-wide.

This is not about what Mr. Menendez was talking about, 'I need more offsets.' This is about net reductions to protect the atmosphere.