Political Quotes

“First of all, Mr. Chairman, after listening to the gentleman from Florida, I would like a double dose of whatever he is taking. Secondly, Mr. Chairman, what our amendment does is, it addresses something that I think both Conservatives and Liberals should be excited about. Let me explain. Under the Inflation Reduction Act, this large, incredibly expensive energy bill, the Congressional Budget Office did an estimate to determine the total amount of subsidies that this legislation would cost the American taxpayers. Then you have had folks like Goldman Sachs that have come in and done evaluations and determined that that assessment was likely off by a factor of three or even four. Let me say that again. The estimate was off by a factor of three or even four. What the base text of this legislation does is it provides for an expedited processing or environmental review of Clean Water Act requirements. Our amendment simply says, once you hit that cap of how much the Congressional Budget Office said this bill was going to cost, said the Inflation Reduction Act was going to cost, you no longer get the expedited process strictly for linear infrastructure projects; otherwise, projects like transmission. If you are a Conservative, you should be supportive because you are simply capping the cost of this project at what the Congressional Budget Office said. If you are a Liberal, you should be supporting this.…”