Political Quotes

“Madam President, something else happened this afternoon in Washington that I wish to relate today on the floor, which is that the American Enterprise Institute hosted the launch of Senator Schatz's and my American Opportunity Carbon Fee Act. I am delighted the American Enterprise Institute did that. Their conservative credentials are rock solid, but they do not fear debate, and they were extraordinarily helpful and open-minded in allowing us to make the announcement and in hosting a discussion on the bill that followed. Virtually every person on the Republican side who has thought the climate change problem through to a solution has come to the same place--a revenue-neutral, border-adjustable price on carbon. That means that all of the revenues are returned to the American people. Former Treasury Secretaries Baker, Shultz, and Paulson--all Republicans--former EPA Administrators Ruckelshaus, Thomas, Reilly, and Whitman--all Republicans--and leading economists and former Presidential economic advisers Arthur Laffer, Gregory Mankiw, and Douglas Holtz-Eakin--all Republicans--along with many others, support a revenue-neutral, border-adjustable carbon fee. Well, that is what we do. You all know the phrase ``offering an olive branch.'' Former Republican Congressman Bob Inglis described our proposal as an olive limb, not a branch, when pairing a carbon tax with corporate tax reduction.…”