Higher $ Help?

If you are on the “NewsMax” e-mail list, you’ve already received this post. You need to get on this false “good for the middle class” action by the Obama Administration.

“1. Obama’s Mileage Standards Imposed ‘Without Regard to Cost’

The Obama administration has rolled out its new Corporate Average Fuel Economy (CAFE) standards — requirements that will eventually cost Americans as much as $11,000 more per car.

The new standards, which are opposed by Mitt Romney, would boost automobile fuel standards from 29.7 miles per gallon now to 35.5 in 2016, then to 54.5 in 2025.

“These fuel standards represent the single most important step we’ve ever taken to reduce our dependence on foreign oil,” President Barack Obama said.

“It’ll strengthen our nation’s energy security, it’s good for middle-class families, and it will help create an economy built to last.”

CAFE requires automakers to calculate average fuel economy for all the cars in their fleets. That means large vans and SUVs that get poor mileage must be offset by high-mpg sedans, electric cars and hybrids.

But a new report by the Republican House Committee on Government Oversight and Reform cited emails showing that the CAFE agreements were negotiated behind closed doors with a small group of automakers, in violation of the Administrative Procedures Act.” (Emphasis added.)
Another way the Obama Administration is bound to double and triple your out-of-pocket costs to live in this country.

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