I come to the floor today to talk about the need for more American energy. We are approaching the end of January. Winter storms have been covering the country from Colorado to Connecticut. We are seeing it everywhere: Temperatures drop. Energy prices go up. In a typical year, cold actually kills more Americans than extreme heat. This winter, millions of families are in danger of being left out in the cold because of the cost of energy. We know that more than 20 million households in America, right now, have fallen behind on their ability to pay their energy bills. Record-high inflation has robbed the American people of more than $10,000 for each and every family since Joe Biden has become President. Just look at what people were paying for things before he came into office and what they are paying today. As a result, people are able to save less, and they are having to pay more. We know that about two out of three American households are living paycheck to paycheck. Personal savings in this country is now at a record low; household debt is at a record high. People are having to borrow more money and put things on the credit card at higher and higher interest rates. At the same time, energy prices are dramatically higher than they were the day Joe Biden took office. The cost of heating oil is up by two-thirds. Natural gas is higher now than in a long time. Electricity is up by 20 cents on the dollar.…
On the recordJanuary 24, 2023
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