Radanovich Votes Against Legislation to Raise Price of Energy for Americans

Supports Domestic Energy Production

“For the fourth time this Congress, the Democrat Majority has insisted on brining to the floor an energy tax bill that gives billions of dollars of tax breaks, credits and incentives to renewable energy but forces domestic oil and gas energy producers to pay for those incentives with a $16 to $21 billion tax increase.”

“Let’s be clear, we should be encouraging the production of renewable energy.  We should be encouraging the production of all domestic energy.  However, let’s also be clear that the American public should not suffer an increase in energy costs, due to politically motivated legislation that reduces domestic energy production.”

“However, not only does this bill increase taxes on American energy companies, it creates a tax advantage for anti-American dictator, Hugo Chavez’s gas and oil company, CITGO.”

“Listening to the Majority in this Congress, it is strikingly obvious that they are determined to vilify the oil and gas industry for merely being successful—making profits.  Perhaps they are making profits, because quite simply there is a very large demand for their product and the renewable energy available in this country is a drop in the bucket compared to what we need. 

“Yet, the Majority in the House of Representatives would have you believe the renewable energy incentives contained in this legislation is the silver bullet to America’s dependence on oil.  That is not only false, but disingenuous to the American people who will undoubtedly see a significant increase in gas prices as a result of this bill, which have already increased by nearly 40 percent since the Democrats took control of Congress.

“The bottom line is that we should never discourage any domestic energy production, especially for political gain.”

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