Political Quotes

“Mr. President, we have the sense of the Senate that would express that all forms of bitumen or synthetic crude should be subject to the 8-cent-per-barrel excise tax associated with the oilspill liability trust fund. This is important because right now we have a legitimate but unintended loophole on the books, and it is also a matter of fairness because conventional oil pays into the trust fund. We need to address this, and I commend my colleague Senator Wyden for the effort he has done. But the problem that we have is that as we work to enact legislation to update our laws, we have to make sure it is consistent with the Constitution, which requires revenue-raising measures to originate in the House. If we agree that we want to close this loophole, which we should do, we need to allow for the House to address this. Otherwise, we face a blue slip issue, and quite honestly, it would act as a poison pill to the Keystone XL bill. The sense of the Senate expresses to do it legitimately through the Constitution. The PRESIDING OFFICER. The Senator from Oregon.”