On the recordJuly 19, 2018
I thank the gentleman for yielding. Mr. Speaker, I rise this morning in strong support of the resolution, and I thank my good friend and colleague from Louisiana, Steve Scalise, for bringing it to the floor. The carbon tax is one of those endlessly recycled bad ideas. A carbon tax would put a tax and increased costs on coal, oil, and gas carbon dioxide emissions from power plants and other sources. In simpler terms, a carbon tax is a tax on productivity. As anyone with the slightest familiarity with economics will tell you, the more you tax something, the less you get of it. It is just common sense. Late last year, Congress was able to deliver historic tax reform. Just 7 months after we passed the Tax Cuts and Jobs Act, nearly every economic indicator is showing record-breaking success. The free market has been unleashed again, and our economy is thriving as a result. We are on pace for a quarter of economic growth that we haven't seen in more than a decade. Imposing a job-killing carbon tax minimizes the gains we have made and will stunt our economic growth. Of course, the carbon tax would run counter to the goals of American energy dominance and national security, another priority this administration and this Congress have been able to make great progress in.…