On the recordApril 27, 2006
Well, you pose an interesting question. How can the administration's policy, which is dubbed a ``reduce our dependence on foreign oil,'' be a policy which, if you actually play it out over the years, will increase our importation of foreign oil? I can only say, because this is Washington. This is the same place where 3 weeks ago the majority announced its deficit reduction package, which was, I don't know, $30- or $40 billion in spending cuts, and about $70- or $80 billion in tax cuts, which more than offset the spending cuts. So the net effect was increasing the national debt, and that was a deficit reduction plan? I guess if that is a deficit reduction plan, then the administration's energy plan is subject to the same logic.
Source
govinfo.gov
