FROM drumbeat — Business lobbies and many Republicans raised loud objections to the cap-and-trade program Mr. Obama proposed as part of his budget this week, saying the plan amounted to a gigantic and permanent tax on oil, electricity and manufactured goods, a shock they said the country could not handle during economic distress. Even worse considering Obama May Have To Give Away 70% of Carbon Credits, to win support for his cap-and-trade program, Read more on Greenhouse Gas Gamble
