The cap-and-trade legislation passed by the House of Representatives and now in front of the Senate will kill jobs in America, Democrats have conceded in the legislation itself. According to US News and World Report:

According to Friday’s Washington Times, the legislation includes language that provides, should it become law, that people who lose their jobs because of it “could get a weekly paycheck for up to three years, subsidies to find new work and other generous benefits—courtesy of Uncle Sam.”

How generous are these benefits? Well, according to the Times, “Adversely affected employees in oil, coal and other fossil-fuel sector jobs would qualify for a weekly check worth 70 percent of their current salary for up to three years. In addition, they would get $1,500 for job-search assistance and $1,500 for moving expenses from the bill’s ‘climate change worker adjustment assistance’ program, which is expected to cost $4.2 billion from 2011 to 2019.”

Instead of being a the source of millions of new jobs of “green jobs”—as House Democrats are fond of saying over and over again—the provision is a hidden admission that their effort is a job killer, not just a massive new tax on energy.

So at a time when unemployment is approaching double-digits and shows no signs of stopping its steady climb, when more and more homes are either going unsold or into foreclosure, and when Americans are hoping just to be able to pay their bills next month, Congressional Democrats and the Obama Administration are pushing through legislation that will kill even more American jobs? Change we can believe in, apparently.

We already knew how disastrous cap-and-trade is, of course, from its protectionist measures that will spark trade wars to its aforementioned job-killing aspects. The Wall Street Journal has recently reported that China plans to ban the import of US chicken thanks to one measure in the legislation, while even Democrats in the private sector — including Warren Buffett — have pointed out how horrible the legislation will be for our economy. This latest report is just a confirmation from the bill sponsors themselves that cap-and-trade will worsen the recession. All in the name of stopping global warming, which scientists can’t even agree is occurring in the first place.

Your government and tax dollars at work, folks.

Via HAH.