Political Quotes

“we have had, I think, a very good debate today on the energy tax bill, and I admire the passion on the other side, even if I don't associate myself with all of its particulars. I believe the debate offered Members a chance to hear both good and bad about what is in this bill. The very bad, huge tax increases on American oil and gas companies and on domestic production and the green bond slush fund are removed from our substitute in this motion to recommit. But the fact that I strongly oppose the bill put together by the other side does not mean that the tax code can't play a constructive and creative role in promoting conservation and increasing the use of renewable and alternative fuels. The motion to recommit provides Members of the House with the opportunity to consider a different approach on these issues. This motion would extend many current law provisions designed to encourage the production of alternative fuels and the conservation of energy, many of which the majority saw fit to include in their bill. But several current tax provisions encouraging energy conservation will expire if H.R. 2776 is enacted in its current form, including incentives for individuals to make energy efficiency upgrades in their home, to install solar power and solar water heating capacity, and to purchase hybrid and other fuel-efficient vehicles.”