Graph of the Day for April 22, 2010

"CBO has estimated the loss in households' purchasing power that would result from the primary cap-and-trade program that would be established by H.R. 2454...The loss would equal about 0.1 percent of GDP in 2012, about 0.5 percent in 2030, and about 0.8 percent in 2050, CBO estimates; the average loss per year over the entire 2012-2050 period would be about 0.4 percent."  Congressional Budget Office.



Source:  Congressional Budget Office.  (Gross Domestic Product in 2009 was $14.454 trillion.)


Hoven's Index for April 22, 2010


Estimated costs per household per year for Cap & Trade in various years (2010 dollars):

2012:  $90

2020:  $160

2030:  $550

2040:  $630

2050:  $930

Source:  Congressional Budget Office.


Graph of the Day Archive.
If you experience technical problems, please write to helpdesk@americanthinker.com