Fred Upton Ed Whitfield James Inhofe The Energy Tax Prevention Act of 2011 FULL TEXT

Upton, Whitfield, Inhofe Unveil Energy Tax Prevention Act to Protect America’s Jobs & Families. The Energy Tax Prevention Act of 2011 FULL TEXT in PDF FORMAT

Washington, D.C.—Rep. Fred Upton (R-Mich.), Chairman of the House Energy and Commerce Committee, Rep. Ed Whitfield (R-Ky), Chairman of the Energy and Power Subcommittee, and Sen. James Inhofe (R-Okla.), Ranking Member of the Senate Committee on Environment and Public Works, issued a joint statement today on the release of their discussion draft, “The Energy Tax Prevention Act of 2011.” The Energy and Power Subcommittee will hold a hearing on the draft legislation next Wednesday, February 9th at 10:00am.

Reps. Upton and Whitfield and Sen. Inhofe are releasing the draft as part of a deliberative process with their colleagues on both sides of the aisle to discuss the most effective approach to stop EPA’s cap and trade agenda. The draft legislation is based on the belief that 1) Congress, not EPA bureaucrats, should be in charge of setting America’s climate change policy; and that 2) A 2-year delay of EPA’s cap-and-trade agenda provides no meaningful certainty for job creators, fails to protect jobs, and punts decision-making in Congress on a critically important economic issue past the voters and the election next year.

“The Energy Tax Prevention Act of 2011” would:

* Stop EPA bureaucrats from making legislative decisions that should be made by Congress;
* Clarify that the Clean Air Act was not written by Congress to address climate change;
* Stop EPA bureaucrats from imposing a backdoor cap-and-trade tax that would make gasoline, electricity, fertilizer, and groceries more expensive for consumers; and
* Protect American jobs and manufacturers from overreaching EPA regulations that hinder our ability to compete with China and other countries.

“With this draft proposal, we are initiating a deliberative, transparent process that we hope will prevent EPA from imposing by regulation the massive cap-and-trade tax that Congress rejected last year. We firmly believe federal bureaucrats should not be unilaterally setting national climate change policy, and with good reason: EPA’s cap-and-trade tax agenda will cost jobs, undermine the competitiveness of America’s manufacturers, and, as EPA has conceded, will have no meaningful impact on climate. In other words, all cost with no benefit. America’s consumers, large and small businesses, farmers, and entrepreneurs should not carry this burden. We look forward to working with our colleagues on both sides of the aisle, and the Obama Administration, to pass and sign into law legislation that stops EPA, puts Congress in charge, and helps get our economy growing again.”

TEXT and IMAGE CREDIT: House Energy and Commerce Committee January 11, 2011 By Alexa Marrero, (202) 225-3641 or Sean Bonyun, (202) 225-3761 2125 Rayburn House Office Building | Washington, DC 20515 | (202) 225-2927

Paul Ryan Washington’s Spending Spree is Over

House Budget Committee Chairman to set spending limit allocations. WASHINGTON – House Budget Committee Chairman Paul Ryan (WI-01) today announced spending limits for the remainder of the current fiscal year, a significant step forward to cut government spending and help spur economic growth and job creation. The measure will bring non-security discretionary spending back to pre-stimulus, pre-bailout levels, as House Republicans called for in their Pledge to America.

For the remainder of the current fiscal year, the measure will save $74 billion relative to President Obama’s budget request.

With respect to today’s effort to cut spending and spur economic growth, Chairman Paul Ryan issued the following statement:

“Washington’s spending spree is over. As House Republicans pledged – and voted to affirm on the House floor last week – the spending limits will restore sanity to a broken budget process and return spending for domestic government agencies to pre-stimulus, pre-bailout levels. Last year, House Democrats failed to pass, or even propose, a budget and the spending binge continued unchecked. After two consecutive trillion dollar budget deficits and with unemployment remaining unbearably high, we must chart a new course.

“The spending limit measure marks another step in House Republicans’ continued efforts to change Washington’s pervasive culture of spending. In one of our first acts in the new Majority, we voted to cut Congress’s own budget. We voted to cut trillions of dollars in new government spending by advancing a repeal of the President’s health care law. The President has asked for an increase in the national debt limit, but we must first work to enact serious spending cuts and reforms. Endless borrowing is not a strategy. Business as usual in Washington is not acceptable.

“House Republicans will continue to build upon this down payment, working to restrain the explosive growth of government and to help restart America’s engine of economic growth and job creation.”

The Chairman will establish this limit by filing a discretionary spending allocation when the U.S. House of Representatives returns to session next week. The measure will provide enforceable limits on discretionary spending bills for the remainder of the fiscal year until Congress adopts a budget resolution for Fiscal Year 2012.

For additional information: Fact Sheet on the FY2011 Discretionary Spending Allocation for the Appropriations Committee

Contact: Conor Sweeney 202-226-7270

TEXT CREDIT: Committee On The Budget

IMAGE CREDIT: RepPaulRyan