Political Quotes

On the recordJune 2, 2014
several years ago when the majority party, the Democratic Party, controlled 60 seats in the Senate and had literally the numbers to do whatever it wanted to do, the majority leader tried to push through a new massive energy tax bill known as cap-and-trade. Not only did it fail to pass, the majority leader never even brought it up for a vote, primarily because members of his own party recognized there would be huge costs associated with this new energy tax, and that the benefits, indeed, on balance did not outweigh the costs or, perhaps most charitably stated, were neutral. There were hardly any real benefits to speak of on the plus side, but there were plenty of negatives, including lost jobs, lost wages, higher utility bills, and a less competitive U.S. economy. Now the Obama administration, we learn, is in the process of enacting a backdoor energy tax, not through the votes of Members of Congress-- the only people who could be held accountable for how we vote--but rather through the regulatory process through the Environmental Protection Agency. Much like the cap-and-trade bill that collapsed in 2010, the EPA regulation that was announced earlier today would impose major new costs on America's economy while doing virtually nothing to improve the environment. I will explain my reason for saying that in a moment.…
Said by
John Cornyn
Republican · Texas

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