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Obama Warns Dems on 'Protectionist' Tax in Climate Change Bill
FOXNews.com ^ | Tuesday, June 30, 2009 | By Judson Berger

Posted on 06/30/2009 7:27:20 PM PDT by metmom

After a "Buy American" provision in the stimulus bill triggered a tit-for-tat with Canada, President Obama is warning fellow Democrats to think twice about another "protectionist" measure in the House-passed climate change bill.

The climate bill that passed the House last week on a 219-212 vote includes a provision to impose tariffs -- starting in 2020 -- on imports from countries that don't have a system for limiting global warming pollution.

The provision was pushed as a way to keep the U.S. competitive with other countries that haven't imposed rules to reduce carbon emissions and promote clean energy.

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; Foreign Affairs; Government; News/Current Events
KEYWORDS: 111th; bho44; bhotrade; buyamerican; capandtrade; climatechange; protectionism; protectionist
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To: metmom
...President Obama is warning fellow Democrats to think twice about another "protectionist" measure in the House-passed climate change bill.

Indeed, I think Obama would prefer them to adopt more of a "kowtowist" or a "suckupist" measure instead.

51 posted on 07/01/2009 8:36:02 AM PDT by kittycatonline.com
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Comment #52 Removed by Moderator

To: investigateworld

He lies.


53 posted on 07/01/2009 9:17:41 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: ding_dong_daddy_from_dumas

Come on, the North Koreans just have a “sustainable” lifestyle.


54 posted on 07/01/2009 10:00:06 AM PDT by The Pack Knight (Duty, Honor, Country)
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To: metmom

Obama prefers the anti-protectionist approach. He wants to slap a 14% tax on oil and gas that Americans pull out of the Gulf of Mexico, but not on the oil and gas Mexicans pull out of the Gulf, thus effectively increasing the profit margin of Mexican oil and gas by an additional 14% of market price.


55 posted on 07/01/2009 10:16:34 AM PDT by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: Delacon

Good article. I just can’t believe that the nowhere man krugman had the nerve to write the piece and expect people to believe him.


56 posted on 07/01/2009 11:09:53 AM PDT by Always Independent
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To: Delacon

Good article. I just can’t believe that the nowhere man krugman had the nerve to write the piece and expect people to believe him.


57 posted on 07/01/2009 11:09:55 AM PDT by Always Independent
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To: farlander

Just to make everything “fair”, you aren’t going to get out of paying more taxes by buying foreign made stuff. Just great.


58 posted on 07/01/2009 6:18:55 PM PDT by Blood of Tyrants (Socialism is the belief that most people are better off if everyone was equally poor and miserable.)
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To: Blood of Tyrants

Let’s just say, there are OTHER ways of getting out of paying more taxes. :)


59 posted on 07/01/2009 8:23:26 PM PDT by farlander (Sic Semper Tyrannis)
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