Killer 'green' bill to slaughter U.S. economy

With hearings in the House of Representatives on the Obama administration's energy and climate change agenda, credible opponents are voicing concern that a U.S. "green" policy may kill the economy, Jerome Corsi's Red Alert reports.

"Hackett attacked the Obama administration's cap-and-trade proposal that will be included in the bill to be before the House committee next week, calling the plan an indirect tax on individuals that would be as open to manipulation as the European model."

John Holdren, director of the Office of Science and Technology Policy told the group that, "The energy challenge we face is actually a more difficult challenge than putting a man on the moon was."

"We have to do things that pervade our whole economy," Holdren insisted, "not just of this country but around the world, in order to get it done to the degree that is required."