Bill Shuster: “I put a quote up here by Representative Rangel from New York, who is now the chairman of the Ways and Means Committee.…”

“I put a quote up here by Representative Rangel from New York, who is now the chairman of the Ways and Means Committee. Before the election he vowed to put all of President Bush's 2001 and 2003 tax cuts on the chopping block. Here we go, 20 days into it and this is the start of it. This is the start of what we will see over the next 2 years, which is an increase in taxes. And some of them they won't even have to enact. They will just expire. But, you know, basic economics, if you take away, if you actually disincentivize, put a disincentive to a company to go out and explore for oil, when we see that, the oil companies and the wildcatters and the small business entrepreneurs who are in the oil and gas business, not going out there and finding new sources of oil and gas, when we see the supplies go down that is going to cause prices to increase.”