Political Quotes

Bob Corker: “Actually, I am glad the Senator from Massachusetts brought that up. That is the portion of cap-and-trade legislation…”

On the recordJune 3, 2008
Actually, I am glad the Senator from Massachusetts brought that up. That is the portion of cap-and-trade legislation that I believe is appropriate. Unfortunately, what this bill does is it takes in trillions of dollars and then pre-prescribes how that money is spent, going out into areas to people who have nothing whatsoever to do with emitting carbons. Twenty-seven percent of the allocations go out to entities in this country that have nothing whatsoever to do with emitting carbon. That is a huge unnecessary transference of wealth.
Said by
Bob Corker
Republican · Tennessee
Source
govinfo.gov

Editor's note · Context

Discussing concerns about cap-and-trade legislation during Senate floor debate.

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