On the recordAugust 1, 2013
I bring this amendment forward on the REINS Act to simply prohibit the Obama administration from imposing a carbon tax on the United States. If they wanted to impose that kind of tax, they could not do it through regulation. Of course, we've heard the Obama administration, from President Obama to his EPA Administrator and others, talking about various forms of taxes on energy that they want to impose. Whether it's a carbon tax, whether it's a cap-and- trade-type scheme, they've continued to throw out that opportunity to impose that kind of radical regulation by themselves without action from Congress. Clearly, as we talk about the REINS Act and we talk about any kind of regulation having over a $100 million impact on our economy, we want to make it very clear that any attempt to impose a carbon tax would fall under that same definition of ``major rule'' where they could not do it by regulation. If you look at what's been studied on this issue--again, this idea of a carbon tax has been floating around for a while by the Obama administration. In fact, the National Association of Manufacturers, Mr. Chairman, did a study, and it's titled ``The Economic Outcomes of a U.S. Carbon Tax.'' Let me tell you, it's not pretty some of the things that they talk about in this study. If the Obama administration had their way and imposed a tax on carbon, manufacturing output in energy-intensive sectors, for example, could drop by as much as 15 percent.…
Source
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