Providing for Consideration of H.R. Lower Energy Costs Act

Floor Speech

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Mr. CORREA. Mr. Speaker, as I said last night before the Rules Committee, I don't disagree with this legislation. Every day I hear from my constituents, gasoline prices are way too high. They have got to choose between paying for groceries and filling up their gas tank. I agree, we should ease the burden on American taxpayers. However, I disagree that this is the right way to do it.

Just last year, the Inflation Reduction Act made historic investments in home energy rebates, tax credits, clean energy vehicles, land and water conservation, and grants for greenhouse gas reduction.

This legislation, in contrast, does not make any new investments. It simply walks back all the progress we have made before we can see the results of those investments.

That is why I introduced last night an amendment to simply say that any future investments in gas and oil be equaled in clean energy investments.

Why? Because we want to make sure we keep America on the world stage as leaders in energy production.

Sadly, my colleagues across the aisle will not be bringing up my amendment for a vote this week.

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