CBO

H.R. 1211, FOIA Act

As ordered reported by the House Committee on Oversight and Government Reform on March 20, 2013

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Effects of a Carbon Tax on the Economy and the Environment

A carbon tax’s effect on the economy depends on how lawmakers would use revenues generated by the tax. The tax would help reduce U.S. emissions but would have only a modest effect on the Earth’s climate without a worldwide effort.

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