Madam President, I rise today to talk about the administration's ill-advised cap-and-trade agenda and to support a bipartisan bill that I cosponsored. The Energy Tax Prevention Act would stop EPA from going around Congress and using regulations to implement the administration's failed cap-and-trade agenda. The bill is necessary because the administration is marching ahead with its cap-and-trade agenda even though the American people clearly want to focus on job creation, not policies that destroy jobs. For evidence that the administration is marching ahead, one need only look at the President's budget. It clearly states ``continues to support greenhouse gas emissions reductions in the United States in the range of 17 percent below 2005 levels by 2020 and 83 percent by 2050.'' Not surprisingly, these reductions are nearly identical to those proposed in the Waxman-Markey House cap-and-trade bill. Americans rejected that legislation because it would have increased taxes on everyone--anyone who turns on a light switch, buys American-made products, fills up their gas tank. The Energy Tax Prevention Act would prevent the administration from using its regulatory powers to circumvent Congress and implement this energy tax that Americans rejected last year. It is about protecting jobs--manufacturing jobs, for example--and it puts Congress back in the driver's seat in charge of energy policy, taking it back from unelected bureaucrats at the too-often overreaching EPA.…
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