Doris Matsui: “I am proud to support this historic and long-overdue legislation. Today's bill offers geopolitical and economic…”

“I am proud to support this historic and long-overdue legislation. Today's bill offers geopolitical and economic security, environmental sustainability, and significant cost savings for American consumers. It is a strategy to fight global warming. It is a compromise that raises fuel efficiency standards. It is an investment in a new generation of manufacturing jobs. This bill creates a world where American resources and ingenuity are used to make American energy, not to import it from other countries. The bill raises CAFE standards for the first time since 1975. As a result, each American family could save up to $1,000 a year at the pump. That alone should be reason enough for every Member of Congress to support this compromise. But today's bill does even more. It frees us from a dangerous dependence on foreign oil. By 2030, it will save Americans more than double the level of oil we currently import from the Persian Gulf. That amounts to more than 4 million barrels saved every single day. This energy package also invests in the American people by creating three million green jobs over 10 years. With this bill, Mr. Speaker, we are forging an entirely new kind of economy--a clean energy economy.”