Repealing of Greenhouse Gas Reduction Fund

Floor Speech

BREAK IN TRANSCRIPT

Mr. PALMER. Mr. Speaker, pursuant to House Resolution 1085, I call up the bill (H.R. 1023) to repeal section 134 of the Clean Air Act, relating to the greenhouse gas reduction fund, and ask for its immediate consideration in the House.

The Clerk read the title of the bill.

BREAK IN TRANSCRIPT

Mr. PALMER. 1023.

Mr. Speaker, I rise in support of H.R. 1023, the Cutting Green Corruption and Taxes Act.

Currently, nearly 20 million American households are behind on paying their utility bills, and families are struggling to put food on the table. These issues directly stem from the expensive and misguided energy policies put in place by the Biden administration and Congressional Democrats with their Inflation Reduction Act, or as I call it, the income reduction act. Thankfully, H.R. 1023 is an important step toward addressing two of the many problems with the IRA.

The IRA created a $27 billion Greenhouse Gas Reduction Fund within the EPA. This is nothing more than a slush fund with little to no oversight to fund climate activists, green groups, and Democrat political allies that do little to impact the climate.

If my colleagues really wanted to help the American people, especially people on low or fixed incomes, they would focus on unleashing American energy and expanding access to natural gas. Affordable and reliable American energy, not a $27 billion slush fund for Democrat special interest groups, will bring economic opportunity to the American people.

Despite natural gas being a critical component for food production and many other products we take for granted, the Democrats' IRA placed a tax on it. This tax has made energy less affordable for Americans already struggling under the weight of inflation. Thankfully, Representative August Pfluger's hard work to repeal this detrimental natural gas tax is included in this bill.

I have said it before, and I will say it again: energy security is national security. Sadly, the Biden administration and Democrats' attacks on American energy make us more dependent on China, Russia, and foreign adversaries. Passing H.R. 1023 will be a major step toward undoing their misguided policies.

BREAK IN TRANSCRIPT

Source