Reversing President Obama's Offshore Moratorium Act

Floor Speech

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Mr. McCLINTOCK. Madam Chairman, this truly is a tale of two parties.

The Democrats have been very clear in their approach on this issue. Heap additional taxes on producers, which will be immediately passed on to consumers, and continue to delay and obstruct the development of America's vast petroleum resources. Higher prices at the pump, increasing dependence on foreign oil, and thousands more families thrown out of work, that is the Democratic plan.

The Republicans have also been very clear on our approach. Open America's vast petroleum resources, triple the current production by 2027, cut foreign imports by one-third. Even more importantly, this bill means hundreds of thousands of new jobs and hundreds of billions of dollars of direct revenues into the national and State treasuries, not through higher prices for consumers but through growing prosperity for our country.

That's the choice between the two parties, plain and simple, and it's the choice I believe the American people are ready and eager to make.

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