Cap and Tax Bill Assists China

Loren Yager, GAO director of international affairs, authored a study demonstrating that the American Clean Energy and Security Act--the so-called “cap-and-trade” climate-change bill--would give manufacturers in certain industries in the Communist People's Republic of China an advantage over their U.S. competitors and put U.S. jobs at risk. The study was published as a report from the Government Accountability Office (GAO).