I reluctantly stand in opposition of this legislation. We had an opportunity to develop bipartisan legislation, and I regret that was not achieved today. New energy taxes won't create energy . . . but they will destroy jobs. Reliable, affordable supplies of energy fuel America's economy and support millions of American jobs. But some in Congress want to put all this in jeopardy with new, higher taxes on energy. History shows such taxes reduce domestic energy production. But they also threaten to undermine America's economy--and send American jobs overseas. Americans need energy policies that ensure reliable supplies to create jobs and support our quality of life for generations to come. Americans need more energy, not more energy taxes. And let me quote this ad here. It says, 'Reliable, affordable supplies of energy fuel America's economy and support millions of American jobs. But some in Congress want to put all this in jeopardy with new, higher taxes on energy. History shows such taxes reduce domestic energy production. But they also threaten to undermine America's economy, and send American jobs overseas.' Very simple. Very succinct. The primary reason most Members who oppose this bill stand in opposition, because it raises taxes on domestic manufacturers and domestic jobs.
Editor's note · Context
Opposing legislation related to energy taxes and their impact on jobs and the economy.
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