Obama’s Final Disastrous Budget Targets Fossil Fuels

In a final, parting shot at the fossil fuel industry, President Obama yesterday introduced what will be his final budget (thank God!). The plan calls for a new 25 cents per gallon tax on gasoline, cleverly disguised as a $10 per barrel “fee”–to be phased in over five years, long after Obama has retired to the links on some golf course in Hawaii. The fee would go to pay for the highway fund, and (of course) to fund Big Green projects (i.e. line the pockets of his supporters). The man knows no shame. The plan is clearly meant to force America away from using fossil fuels as an energy source, what the American Petroleum Institute calls Obama’s “leave it in the ground” strategy. The thing is, we don’t know of more than half a dozen Republicans on Capitol Hill (who happen to control Congress) who still possess their male equipment. Senate Majority Leader Mitch McConnell is the Emasculated-in-Chief himself. Will McConnell oppose this plan? Probably not. And that’s scary…

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