Climate-bill foes likely to seize on CBO's scoring

Congress' chief scorekeeper says the global warming bill moving through Congress will either be scored as a major tax increase or a massive expansion of the federal government - and either one could give opponents substantial ammunition to complicate Democrats' efforts to pass a bill. The Congressional Budget Office (CBO), in a letter sent last week to House Energy and Commerce Committee Chairman Henry A. Waxman, said Democrats' approach of creating allowances for emitting greenhouse gases requires developing from scratch a market worth hundreds of billions of dollars. Whether the allowances are sold, as President Obama wants, and scored as a tax increase, or given away, as House Democratic leaders have suggested, and scored as "cash grants" to businesses, opponents are lining up to use CBO's conclusions as ammunition in the public relations battle over the bill...WTimes