New exaggerations in cap-and-trade battle
By Catharine Richert
Published on Wednesday, October 7th, 2009 at 6:28 a.m.
The focus in Congress has been on health care for the past few weeks, but the debate about the Democrats' cap-and-trade plan continues to simmer.
An industry group, EnergyCitizens.Org, has been running full-page ads in the Washington Post warning of dire consequences if the bill is passed. We put two of the group's claims to the Truth-O-Meter:
* The group says gasoline will reach $4 a gallon. We rated that Barely True.
* The group says the bill would eliminate 2 million jobs. That one, too, got a Barely True.
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PolitiFact is a project of the St. Petersburg Times to help you find the truth in American politics. Reporters and editors from the Times fact-check statements by members of Congress, the White House, lobbyists and interest groups and rate them on our Truth-O-Meter. We’re also tracking more than 500 of Barack Obama’s campaign promises and are rating their progress on our new Obameter. >> More
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