From Kate Sheppard at Grist:
Were it to become law, the American Clean Energy and Security Act (ACES) would be a net gain for the federal Treasury, according to a new report from the Congressional Budget Office.
The report finds that the bill, sponsored by Reps. Henry Waxman (D-Calif.) and Ed Markey (D-Mass.), would raise roughly $845.6 billion in federal revenue from 2010 to 2019, while it would call for about $821 billion in direct federal spending over that period. Bottom line: a $24.4 billion net gain for the Treasury.
