OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Energy

Floor Speech

Date: May 14, 2009
Location: Washington, DC
Issues: Energy

Ms. FOXX. Madam Speaker, during the campaign, President Obama pledged 95 percent of taxpayers would not see their taxes increased one single dime. Unfortunately, the President has broken this promise.

The President's budget included a cap-and-trade policy, otherwise known as cap-and-tax, that will hit every home utility bill and inflict more pain at the pump. Every American will be impacted by this dangerous policy. American households, on average, can expect to pay an additional $3,100 a year in energy costs.

The American people still live with the memory of $4 a gallon for gas and the hardship it inflicted on their family budgets. Even our Democrat colleagues say this.

Mr. Butterfield from North Carolina is quoted today in Roll Call as saying, ``The cost of everything is going to go up.''

The cost of everything is going to go up. This is the wrong direction for this country.


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