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PrintApril 22, 2010
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.
