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Ton of ckar carbon dioxide emis. it would motivate companies to switch do clean energy sources but opponents say it will lead to extra costs. and the next proposal is cap and trade. governments distribute a certain number of credits to companies, those companies can only emit as much carbon dioxide as they have credits for. that is the cap part. let's say companies stay below the limit, they could sell their credits to those who exceed it. that is the trade part of the equation. the united states does actually have two cap and trade programs. one is the regional greenhouse gas initiative which...

I'm not suicidal and i'm not depressed, i don't like to swim with fishes, i don't like concrete boots. i'm a good driver and i've had the brakes checked. so if something happens i think you might know who did it. i want to give you a quick review of what we covered so far to get up to speed. we are the only ones exposing this. you have to understand what cap-and-trade is. creating puffs of air. a company that produces more than other company they buy puff of air from another company. it's transfer -- it's redistribution of wealth! here is how it goes. cap-and-trade, off ten cupcake cap. that i...

Now, this proposal that they're going to consider today in the house is it would require the congress going forward to cut $111 billion from the budget next year. all right, that's the cut part. now the cap part. >> can i just make it simpler? it's a balanced budget amendment. that's the third part. that's the third. >> the point is for the next 10 years, congress would have to balance the budget. it makes sense. >> boo-hoo! >> it makes perfect sense but democrats don't like this and say that they're not going to vote for it and in fact, the president says he's going to veto it basically maybe...

Witness this momentous occasion. >> history. >> i've agreed to get up early but i'll be wearing my robe until the 6:00 hour. >> ok, hugh heffner. that's the deal i worked out. you guys can do whatever you want. >> i've sat across from you for close to 15 years. now you're telling me you're too lazy to put on clothes. >> that's exactly it. i'm trying to make a stand here and it's the last time for the space shuttle. let's break down cut, cap and balance because that's what's up for a vote right now, breaking into three, steve, start us off. >> you know there's something going on in washington b...

I'm not suicidal and i'm not depressed, i don't like to swim with fishes, i don't like concrete boots. i'm a good driver and i've had the brakes checked. so if something happens i think you might know who did it. i want to give you a quick review of what we covered so far to get up to speed. we are the only ones exposing this. you have to understand what cap-and-trade is. creating puffs of air. a company that produces more than other company they buy puff of air from another company. it's transfer -- it's redistribution of wealth! here is how it goes. cap-and-trade, off ten cupcake cap. that i...