Important news for the Waxman-Markey cap and trade bill. The Congressional Budget Office–which analyzes the extent to which certain pieces of legislation will add to, or detract from the budget deficit–has determined that the legislation will raise billions in revenue, and that though the revenue will be spent in various ways, it won’t add to the deficit.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=141896