Political Quotes

“My amendment would prohibit funds from implementing the Obama administration's social cost of carbon rule. Congress and the American people have repeatedly rejected cap and trade proposals. The Obama administration continuously used social cost of carbon models, which could be easily manipulated in order to attempt to justify new job-killing regulations. The House has a clear, strong record of opposition to the social cost of carbon, voting at least 11 times to block, defund, or oppose the proposal, including H. Con. Res. 119, which we will be considering later this week. A carbon tax would be passed along to consumers, undermining the success of the Tax Cuts and Jobs Act we passed last year. Mr. Chairman, I urge my colleagues to support this amendment, and I reserve the balance of my time. Ms. McCOLLUM. Mr. Chairman, I rise in opposition to the amendment. The Acting CHAIR. The gentlewoman from Minnesota is recognized for 5 minutes. Ms. McCOLLUM. Mr. Chairman, this amendment is a very harmful rider, and it would prohibit the EPA from considering the social cost of carbon as part of rulemaking. The social cost of carbon is an estimate of economic damages associated with small increases of carbon dioxide emissions in a given year. It represents the best scientific information available, incorporating the impacts from carbon pollution into regulatory analyses.…”