Economy

Robbing Peter to pay Paul is not going to result in an effective farm bill.

Now, the farm bill is the best opportunity that exists to course-correct.

We are burdening the taxpayer. We are losing ground on the world stage, and we are a net agricultural importer.

The second phase is really where the rubber is going to hit the road, though, because it is going to be dealing with those subsidies that are contributing to overcapacity and overfishing very directly.

If we care about human rights, ... we want them buying from the United States.

The Inflation Reduction Act, which again has now put into place a mechanism for negotiating lower prices for prescription drug

Extending drug price negotiations into the commercial market would increase Federal revenues by $45 billion over 10 years

I was very proud last Congress to support the Inflation Reduction Act, which was signed into law in August 22.

Isn't it the ratepayers of the Northwest that are now going to be saddled with the burden?

It is kind of a means of imposing an obligation upon the people of the Northwest to pay millions, if not billions.

To gut an economy, Mr. Chairman, to gut an economy with no assurance of success is just a really bad bet for the taxpayers, and for the ratepayers, and for people.

We don't nationalize industries in the United States.

California has now paid twice the rate for electricity as the national average, precisely because of this kind of environmental lunacy.

It is long overdue to move past this failed situation and start modernizing the Federal Columbia River Power System so that it can actually balance ecological, cultural, and economic benefits across the region.

I want to thank Representative Steel for bringing her bill before us this morning, championing an energy resource in geothermal that, despite its immense promise both economically and environmentally, remains largely and shockingly…

We have achieved fossil fuel energy dominance in a big, big way. Yet, you would think we would have really cheap energy prices if that was the ticket to cheap energy.

So, this isn't even about a cost benefit analysis at all, correct?

In California, the average gas price is over $6 per gallon. When gas prices go up, it really hurts middle- and lower-income families.