OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Provide Real Tax Relief For Consumers and Repeat Energy Tax Breaks

Date: May 10, 2006
Location: Washington, DC
Issues: Energy


PROVIDE REAL TAX RELIEF FOR CONSUMERS AND REPEAT ENERGY TAX BREAKS -- (House of Representatives - May 10, 2006)

(Mr. CLEAVER asked and was given permission to address the House for 1 minute and to revise and extend his remarks.)

Mr. CLEAVER. Mr. Speaker, how high do gas prices have to go before this administration is willing to break its ties with the oil and gas company CEOs? For 5 years now, the major oil companies have been bringing in record profits, while the pain at the pump has grown worse for average Americans.

Today, consumers are paying $3 a gallon. If you are making minimum wage, that means your first hour at work is used to buy 1 1/2 gallons of gasoline for your car.

Major oil companies just reported $16 billion in profits for the first quarter alone, and the national response has been moral outrage. Yet last year they pushed through an energy bill that gave oil and gas companies an additional $20 billion in tax breaks and subsidies.

The problem is, those in charge here are not willing to have the courage to stand up and make things right

http://thomas.loc.gov

arrow_upward