OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Failed Solutions to Rising Energy Costs

Floor Speech

Date: July 21, 2022
Location: Washington, DC

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Mr. SMITH of Missouri. Madam Speaker, President Biden's reckless agenda is sending our Nation hurdling towards a recession.

The President wants people to believe 40-year high inflation is someone else's fault. But his solution to this crisis highlights his complicity in driving up the cost of everything, from gas to groceries.

One of President Biden's solutions to rising energy costs is begging foreign countries to pump more oil. This is the same President who is waging a regulatory assault on U.S. energy production. His administration has sold nearly 1 million barrels of oil from the Strategic Petroleum Reserve to a Chinese energy company.

It is unbelievable. I am coauthoring an amendment to block the administration from ever doing this again.

As a fighter for working families, I will keep doing everything I can to hold the administration accountable for driving inflation to the highest level in 40 years.

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