On the recordMarch 15, 2011
Mr. President, I wish to speak in favor of the McConnell amendment, which is the pending amendment, which the Senator from Louisiana is trying to get tagged for a vote. But I also wish to have the opportunity to support two of the amendments that I have offered--at least filed--and would like to have them pending as soon as the process allows. Let me just say that I do support the McConnell amendment. Let me be pretty clear and pretty simple. In the last session of Congress, Senator Lieberman and Senator Kerry offered a climate change regulation that would have caused our fuel prices to go up exponentially. Senator Bond and I did a study on the Kerry-Lieberman multitrillion-dollar tax bill that would have happened if Congress had passed their legislation. We estimated that it would have been about $3.6 trillion in total fuel- added expense to the small businesses and the families in this country. We have documented that in this report. I ask unanimous consent to have printed in the Record the executive summary of this report. There being no objection, the material was ordered to be printed in the Record, as follows: Executive Summary The American Power Act proposed by Senators Kerry of Massachusetts and Lieberman of Connecticut is the latest attempt to cap American carbon emissions through new federal legislation. However, Kerry-Lieberman is unique from previous efforts by also proposing a new gas tax on the transportation sector.…





