CBO Sees 'Modest' Household Impact From Climate Bill

摘要

Climate change legislation approved by the House in June would reduce the U.S. gross domestic product by 0.25 percent to 0.75 percent by 2020, and by 1 percent to 3.5 percent by 2050, the Congressional Budget Office said last week, calling the bill's likely impact on individual U.S. households over the next four decades "comparatively modest" and smaller than the projected impacts on the overall economy.