A short note, coming off of Greg’s earlier post on some federal deficit confusion over at Politico.
To summarize, the piece focuses on the White House’s supposed new emphasis on deficit reduction. One possible consequence of this re-prioritization is a de-prioritization of cap-and-trade climate legislation. Or at least that’s what “Democratic lobbyist Steve Elmendorf” said to Jim VandeHei and Mike Allen.
Greg has already covered why it’s not at all clear that the bill would make the deficit any larger.
But before passing on Elmendorf’s read out on cap-and-trade’s prospects, the authors would have been wise to let readers know if the lobbyist is being paid by anyone with a dog in that fight.
So, what do ya know? Elmendorf or his firm represent several clients with clear interests in aspects of cap-and-trade, or any other climate legislation, like the American Wind Energy Association, Ford, and Ameren, a natural gas company.
And not mentioning that is a clear deficit.