Former Sen. Timothy Wirth, D-Colo., says the cap-and-trade bill -- also known as the Waxman-Markey bill -- making its way through Congress has "gotten out of control," according to Bloomberg News.
Wirth said, "the Republicans are right -- it's a cap-and-tax bill," Bloomberg News reports.
Meanwhile, a recent study says cap-and-trade will cause serious job losses in America. That plan puts a cap on greenhouse gas emissions.
Environmentalists say it will fight global warming. But a Heritage Foundation study says it will lead to 46,000 job losses every year -- in the state of Ohio alone.
Steve Milloy, publisher of JunkScience.com and author of the bestseller "Green Hell," joined CBN News to share more about the controversial legislation. Click play to watch the interview.