Mr. President, Americans are facing an affordability crisis. In my home State of Utah, the average household is having to pay an additional $702 every month just for basic living expenses relative to what they paid every month at the beginning of last year. Inflation is unsustainable. Energy is one primary driver of inflation, and this administration's senseless energy policies are largely to blame. The House's version of this bill contains more of these damaging policies that will hurt Americans, and hurt Utahns in particular, while they can least afford it. My motion instructs conferees not to include the House provisions, including one sending $2 billion per year indefinitely to developing countries to support their supply of zero emissions vehicles; another provision that would send $8 billion to the U.N.'s green climate fund, which has historically given money to China; as well as another provision expressing the sense of Congress that the United States should implement the Paris Agreement, which is estimated to lead to a 20 percent increase in the costs for the average American family's electric bill and shrink our national GDP by $2.5 trillion. Americans can't afford these energy policies. My motion will make sure that they don't have to pay for them. The PRESIDING OFFICER. The Senator from Rhode Island.
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