1014 H.L.C. 1 ‘‘(1) ESTIMATED ANNUAL TOTAL LOSS IN PUR 2 CHASING POWER.—Not later than August 31 of each 3 fiscal year, the Energy Information Administration 4 shall estimate the annual total loss in purchasing 5 power that will result from American Clean Energy 6 and Security Act of 2009 in the next fiscal year for 7 households of each size with gross income equal to 8 150 percent of the poverty line, based on the pro 9 jected total market value of all compliance costs (in 10 cluding, but not limited to, the emissions allowances 11 used to demonstrate compliance with title VII of the 12 Clean Air Act in the next fiscal year, and excluding 13 costs that are not projected to be incurred by house 14 holds as a result of allowances freely allocated and 15 intended for residential consumer assistance pursu 16 ant to sections 783 through 785 of the Clean Air 17 Act), in a way generally recognized as suitable by 18 experts. 19 ‘‘(2) MONTHLY ENERGY REFUND.—The month 20 ly energy refund amount for an eligible household 21 under this section shall be— 22 ‘‘(A) if the gross income of the household 23 does not exceed 150 percent of the poverty line 24 applicable to the household—
http://greenhellblog.files.wordpress.com/2009/06/waxmanmarkey062309.pdf Page 1014 of the cap and trade bill. The bill freely admits that it will cost people money and that they will direct deposit "refunds" directly into people's bank accounts.
22 ‘‘(e) DELIVERY MECHANISM.— 23 ‘‘(1) Subject to standards and an implementa 24 tion schedule set by the Secretary, the energy refund 25 shall be provided in monthly installments via 1 ‘‘(A) direct deposit into the eligible house 2 hold’s designated bank account;