Cap-And-Trade Taxes American Families

Floor Speech

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Mr. WILSON of South Carolina. Madam Speaker, President Obama has stated that cap-and-trade would cause electric bills to skyrocket, which forces families to pay more. He also declared yesterday that cap-and-trade would only be paid for by polluters. The President seems to imply through his statements that American families and small businesses, those who will see their electric bills skyrocket, are the polluters who should pay for this legislation.

I disagree. Families, farmers, manufacturers and small businesses across America do not deserve this national energy tax. We do not need to threaten the financial well-being of American citizens or the competitiveness of American businesses in a global economy.

House Republicans have consistently offered an all-of-the-above energy plan that will invest in exploration, in new alternative energy resources, and promote conservation. Our strategy is built on the American spirit of ingenuity, not an oppressive policy of higher taxes and job losses.

In conclusion, God bless our troops, we will never forget September 11th in the global war on terrorism, and also I would like to extend my congratulations to Congresswoman ELLEN TAUSCHER on her confirmation yesterday evening to serve in the State Department of the United States.

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