The Hill reports that Rep. Lois Capps (D-CA) wants “new taxes” on American energy companies that the non-partisan Congressional Research Service says would “make oil and natural gas more expensive” for families and small businesses, and “may have the effect of decreasing exploration, development, and production.” And Rep. Capps isn’t alone.
The Examiner says Rep. Mark Critz (D-PA) told his constituents “the federal government should increase the gas tax,” which “would seem likely to increase the price of gas significantly.” The ranking Democrat on the House Transportation and Infrastructure Committee, Rep. Nick Rahall (D-WV), has also extolled the idea of “raising the gas tax” on American consumers.
Even Senate Democrats – who haven’t passed a full-year extension of the payroll tax cut, or a budget – voted last year to impose tax hikes that would raise gas prices and destroy jobs.
The American Energy & Infrastructure Jobs Act (H.R. 7) takes a very different approach. Instead of destroying jobs by raising taxes, H.R. 7 removes barriers to energy production to create more than a million jobs, and uses the revenue to help pay for repairs to America’s roads and bridges. And instead of raising gas prices, H.R. 7 will help address them by expanding the supply of American-made energy.
Learn more and watch a video of Congressman Boehner discussing this new bill at Speaker.gov/Energy.