Energy And Jobs

Floor Speech

Mr. SMITH of Nebraska. Mr. Speaker, earlier this week, Congress received the White House's budget proposal. The President's budget more than doubles our national debt, drives spending to a record $3.8 trillion, pushes the deficit to an unheard of $1.6 trillion, and raises taxes by more than $2 trillion over the next 10 years. It also includes $36.5 billion in direct tax and fee increases on American oil, natural gas, and coal. These tax increases will only serve to reduce American energy production, increase energy prices, and destroy American jobs.

I support an all-of-the-above approach to our energy policy, one which encourages research and exploration for all forms of American-produced energy. Let's take this opportunity to do what is right for the future of our country by tapping into domestic energy resources and creating American jobs here at home.

Source