Hold On to Your Wallet!

So much for not raising taxes on 95% of Americans. We can all expect the price of everything to go up.

The U.S. Environmental Protection Agency on Friday issued a finding that carbon dioxide and other greenhouse gases pose a danger to the public, setting the stage for a battle over regulations that could have far-reaching impact on the U.S. economy.

Unless superseded by congressional action, the EPA finding potentially could lead to a wave of new regulations, putting stricter emissions limits on a wide range of enterprises from power plants and oil refineries to automobiles and cement makers.