Nick Loris of the Heritage Foundation: Economic Consequences of Cap and Trade

With the majority of the debate on Capitol Hill focused on health care, cap and trade has seemingly slipped to the back burner -- for now. The Senate is expected to pick up cap-and-trade legislation this month. A new analysis from the Heritage Foundation takes a look at the economic impact of the Waxman-Markey cap-and-trade bill that passed the House of Representatives in June. This week's podcast features...