WASHINGTON, D.C. - A Vote of “Historic Proportions?" We Agree.
Today, President Obama said:
“Right now, the House of Representatives is moving towards a vote of historic proportions…."
We agree.
When Speaker Pelosi holds a vote tomorrow on the National Energy Tax bill (H.R. 2454) - it will be a vote of historic proportions.
Unfortunately, that’s because history will show that as America’s unemployment rate was rising, Democrats in Congress were voting for a cap and tax plan that will inflict even more economic pain upon struggling Americans.
Specifically, this bill is predicted to:
* Cost 2.5 million American jobs (National Black Chamber of Commerce )
* Decrease America’s Gross Domestic Product by 2.5 percent (Brookings Institute )
* Raise inflation-adjusted gasoline prices by 58 percent (Heritage Foundation )
After months of increasing unemployment, now is the worst time possible for the Democrat Congress to pass a National Energy Tax.
The good news is that Republicans have proposed a better way forward that will grow our economy, create new high-paying jobs, protect our environment, and provide affordable energy.
TheAmerican Energy Act (H.R. 2846) is an all-of-the-above plan that will develop all types of American-made energy. It promotes renewable energy sources, such as wind, solar, hydropower, nuclear and biomass, while also producing more American-made oil and natural gas.
Instead of implementing a National Energy Tax, Democrat Leaders should hold a vote on the American Energy Act.
