Chris Van Hollen

I would like to say a word about China, who actually has a ten-year lead on the United States when it comes to investment in the batteries that are used for storage for electric vehicles.

Thank you, Mr. Chairman. And just listening to the conversation, a couple points. I look forward, to Senator Braun's point, to having a budget debate.

I agree with you, we should be steadily reducing the cap, tightening the cap, because I think there is still a long way to go to get to that marginal cost of production for Russia.

I think we all recognize that we have to put sanctions in context that it is one tool but a very important tool.

I agree with you, we should be steadily reducing the cap, tightening the cap, because I think there is still a long way to go to get to that marginal cost of production for Russia.

I think we all recognize that we have to put sanctions in context that it is one tool but a very important tool.

In my state of Maryland, we're experiencing lots of costs and impacts from climate change and sea level rise.

Thank you, Mr. Chairman. And just listening to the conversation, a couple points. I look forward, to Senator Braun's point, to having a budget debate.

I think one of the purposes of this and other hearings is just to underscore the cost of inaction and doing nothing.

I would like to say a word about China, who actually has a ten-year lead on the United States...

I want to applaud the Europeans for recognizing the importance of moving off of Russian oil after too long of a dependence of many of those countries on Russian oil.

I think we all recognize that we have to put sanctions in context that it is one tool but a very important tool.

I agree with you, we should be steadily reducing the cap, tightening the cap, because I think there is still a long way to go to get to that marginal cost of production for Russia.

We're going to pay one way or another if we don't figure out how to address this.

I agree with your comments on carbon pricing. Many of us pushed for that for many years with appropriate safeguards like border adjustments to protect U.S. domestic industry.

It also indicates that the drug cartels in Mexico are out of control and it would suggest, as you said, Administrator Milgram, that not enough is being done by the Government of Mexico to crack down on these cartels.

I think that is important because we have an important discussion on immigration and immigration reform, but fentanyl comes in very potent small quantities potentially, right? I mean, a very little bit can kill you.

I think that is a really important point.

So, we have to face the reality. I love what Professor Holtz-Eakin said. We need to put a price on it.

We have two offshore wind facilities that are being built, 10,000 good paying jobs projected from those two facilities.

I strongly support the approach that we took in the Inflation Reduction Act because we have to do something.

The cost of doing nothing is huge and that's part of the purpose of this, today's hearing.

Many of us pushed for that for many years with appropriate safeguards like border adjustments to protect U.S. domestic industry.

It also indicates that the drug cartels in Mexico are out of control and it would suggest... not enough is being done by the Government of Mexico to crack down on these cartels.

In Maryland, for the most recent 12 months of reporting that is available, we had 2,487 fatal overdoses and fentanyl was involved in over 80 percent of those.