Team Obama was embarrassed earlier this week when a leaked interagency memorandum  acknowledged that EPA’s proposed finding that greenouse gases endanger public health and welfare could impose severe economic burdens on small business. The memorandum said, in part: 

 Making the decision to regulate CO2 under the CAA [Clean Air Act] for the first time is likely to have serious economic consequences for regulated entities throughout the U.S. economy, including small businesses and small communities.  Should EPA later extend this finding to stationary sources, small…

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