Wow! 2025 seriously? That's 14 years away. He claims that he will save consumers $1.7 trillion by 2025. HARDLY. Of course, this so-called "savings" doesn't take inflation into account and is making several assumptions regarding the future like the value of a dollar, will consumers have the same purchasing power then as they do today, the price of oil that will affect consumer gas price at the pump, consumer demand for new cars, economic growth. I've owned my car for 9 years and have no intention on buying a new one anytime soon. Yeah sure, I would like to buy a new car. But there's a difference between wants and needs, a luxury purchase (desire) vs a necessity. I don't care to add a car payment to my monthly expenses, most especially when operating on a tight budget. But that's not something I expect our federal government to understand. Although, I wish they would treat the public's checkbook in the same manner they treat their own personal budgets. Our federal government spends money without having any consideration for those who will be forced to pay for the bill, the taxpayers, YOU AND I. Oh and for those of you who don't already know, we already have Smog Check Program Laws and Regulations in place that stipulate Federal legal emissions requirements.
I was floored to find out that President Obama has spent this day tweeting for help and giving yet another speech at an auto industry event. I know he has the title, but is he a President or a community organizer? He tells the American public that our country faces economic armageddon and then walks away. :/
Now I'm hearing that the new liberal talking point or sound bite is to refer to T.E.A. partiers as terrorists? Wow! Because we want D.C. to be fiscally responsible! T.E.A. is an acronym for TAXED ENOUGH ALREADY. You are free to listen to Obama's supporters in the media or open your eyes and look around you. Do their talking points line up with reality? Please click here to read excerpts taken from the liberal media.
Congress has passed it's third budget that also includes raising the debt ceiling and avoid a default. Congress sent the bill to the Senate today. Senate Majority Leader Harry Reid (D-Nev.) immediately killed the bill, defeated it and shelved it. Meaning he didn't allow the Senate to review it, debate it, make changes, vote on revised bill then send back to congress. This is the democrats idea of compromise, no debate, kill it.
FYI: Senator Reid, Nancy Pelosi, President Obama and the democrats were in total control for 2 years and FAILED to pass a budget or debt ceiling increase bill?! This budget was due last October. The debt limit needs to be increased because of all of the spending they have made since President Obama took over the oval office Jan 20, 2009.
Congress has passed it's third budget that also includes raising the debt ceiling and avoid a default. Congress sent the bill to the Senate today. Senate Majority Leader Harry Reid (D-Nev.) immediately killed the bill, defeated it and shelved it. Meaning he didn't allow the Senate to review it, debate it, make changes, vote on revised bill then send back to congress. This is the democrats idea of compromise, no debate, kill it.
FYI: Senator Reid, Nancy Pelosi, President Obama and the democrats were in total control for 2 years and FAILED to pass a budget or debt ceiling increase bill?! This budget was due last October. The debt limit needs to be increased because of all of the spending they have made since President Obama took over the oval office Jan 20, 2009.
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The White House blog
written by Colleen Curtis
Friday July 29, 2011
President Obama today announced the next phase in the Administration’s program to increase fuel efficiency and reduce greenhouse gas pollution for all new cars and trucks sold in the United States. These new standards will cover cars and light trucks for Model Years 2017-2025, requiring performance equivalent to 54.5 mpg in 2025 while reducing greenhouse gas emissions to 163 grams per mile.
Taken together, the standards established under this Administration span Model Years 2011 to 2025. They will save consumers money, reduce our dependence on oil, and protect the environment:
Savings at the pump
•Thanks to the standards, consumers will save an estimated $1.7 trillion dollars in real fuel costs over the life of their vehicles.
•By 2025, the standards are projected to save families an estimated $8,200 in fuel savings over the lifetime of a new vehicle, relative to the Model Year 2010 standard.
Cutting oil dependence
•As our cars and trucks become more fuel efficient, we will need to use less oil. Over the life of the program, the standards will save an estimated 12 billion barrels of oil – nearly four years’ worth of consumption by light-duty vehicles at current levels.
•By 2025, the standards for MY 2011-2025 will reduce oil consumption by an estimated 2.2 million barrels a day – more than we import from any country other than Canada. As the vehicle fleet turns over and older vehicles are replaced with more efficient ones, the oil savings from these standards will grow, ultimately reaching over 4 million barrels a day – nearly as much as we import from all OPEC countries combined.
•The MY 2011-2025 standards are critical to meeting President Obama’s goal of cutting oil imports by one-third by 2025, contributing over half the savings needed to meet the President’s goal.
Protecting human health and the environment
•The standards will reduce carbon dioxide pollution by over 6 billion metric tons – equivalent to the emissions from the United States last year, or what the Amazon rainforest absorbs in three years.
•The standards will protect public health by cutting air pollutants such as air toxics, smog, and soot.
Developed in partnership with auto manufacturers, the State of California, the United Auto Workers (UAW), national environmental organizations and other stakeholders, these achievable and cost effective standards will bring the nation over halfway to the President’s goal of reducing oil imports by a third by 2025. These standards thus represent a key component of the comprehensive energy policy that this Administration has pursued since day one, which aims to increase safe and responsible energy production at home while reducing our overall dependence on oil with cleaner alternative fuels and greater efficiency.
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