In a bold move to safeguard American energy security and protect struggling families, a group of U.S. Senators, led by Katie Britt (R-Ala.) and Ted Cruz (R-Tex.), have introduced legislation to strike down the Biden administration's controversial Natural Gas Tax.
This tax, which was enacted as part of the so-called Inflation Reduction Act (IRA), has drawn widespread criticism for its potential to drive up energy costs and further burden American households already grappling with high inflation.
The Natural Gas Tax Repeal Act, spearheaded by Senator Britt and her colleagues, aims to eliminate the new methane emissions fee imposed by the IRA. This fee, which targets the natural gas industry, has been condemned by the Senators as a misguided attempt to prioritize the administration's "radical climate agenda" over the needs of the American people.
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“As this Administration wages its war on American energy, I will continue to work alongside my colleagues to ensure our domestic energy producers aren’t strangled by President Biden’s red tape regime. For the past three years, this Administration has been intent on prioritizing its irresponsible, partisan Green New Deal Agenda, ultimately weakening our national and economic security. It’s past time to unleash not just U.S. energy independence, but energy dominance,” said Senator Britt.
“Joe Biden and Biden officials have proven time and time again that they care more about their radical climate agenda the needs of the American people. They have driven up inflation and jeopardized American jobs and energy security, all of which would be made significantly worse by the methane emissions fee in the Inflation Reduction Act. This fee will particularly harm Texas by undermining producers in the Permian Basin and across the state,” said Senator Cruz.
The Natural Gas Tax Repeal Act has garnered support from a diverse group of Senators, including Roger Marshall (R-Kans.), Mike Lee (R-Utah), Pete Ricketts (R-Nebr.), Cindy Hyde-Smith (R-Miss.), John Hoeven (R-N.Dak.), Mike Braun (R-Ind.), Tommy Tuberville (R-Ala.), J.D. Vance (R-Ohio), Tom Cotton (R-Ark.), and John Barrasso (R-Wyo.).
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The broad bipartisan support for this legislation underscores the widespread recognition that the Natural Gas Tax poses a significant threat to the well-being of American households and the nation's energy landscape. Senators from both sides of the aisle have come together to challenge the Biden administration's policies, which they believe have prioritized ideological agendas over the practical needs of the people.
The Natural Gas Tax Repeal Act is part of a broader effort by Congressional Republicans to address the perceived shortcomings of the Inflation Reduction Act. This landmark legislation, championed by the Biden administration, has been the subject of intense debate and scrutiny, with critics arguing that it fails to effectively address the root causes of inflation.
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