Home > newsroom > Page
Hastings Continues to Seek Answers from Secretary Salazar on Decision to Eliminate Profitable Government Program
President tells cabinet to save $100 million, but Salazar ends RIK program that makes $100 million

Washington, December 9, 2009 - House Natural Resources Committee Ranking Member Doc Hastings (WA-04) sent a follow-up letter to Secretary of the Interior Ken Salazar seeking answers as to why the Department decided to terminate the profitable royalty in-kind (RIK) program for collecting oil and gas royalties. A recent Department of Interior report showed that the program generated over $106 million in benefits for the American taxpayer in 2008, raising the five-year total benefits from the program to more than $256 million.

“Earlier this year, President Obama directed members of his cabinet to identify $100 million in savings. Instead, Secretary Salazar went in the opposite direction and eliminated a program that generates over $100 million in benefits to the American taxpayer,” said Ranking Member Hastings. “As the President said, ‘$100 million there, $100 million here, pretty soon, even in Washington, it adds up to real money.’ I couldn’t agree more. That’s why, with our nation facing a $1.4 trillion deficit, it is absurd that the Interior Department would proactively choose to end a program that actually makes the federal government money. Americans deserve answers.”

Background

On October 2, 2009, Ranking Member Hastings sent a letter to Secretary Salazar requesting information on the economic impacts of eliminating the program. No response has been received.

# # #

Print version of this document


Contact: Emily Lawrimore or Jill Strait (202) 226-2311

Latest News

Bishop: FWS Mimics EPA Tactics in Expansive Critical Habitat Proposal

Today, the U.S. Fish and Wildlife Service and the National Marine Fisheries Service announced the finalization of a new policy for defining and designating critical habitat under the Endangered Specie...... Read more

Committee Advances Bipartisan “National 9/11 Memorial at the World Trade Center Act”

Today, the Committee on Natural Resources passed H.R. 3036 (Rep. Tom MacArthur, R-NJ), the “National 9/11 Memorial at the World Trade Center Act,” legislation designating the National September 11 Mem...... Read more

New York Times: How Free Electricity Helped Dig $9 Billion Hole in Puerto Rico

To understand how Puerto Rico’s power authority has piled up $9 billion in debt, one need only visit this bustling city on the northwest coast. Twenty years ago, it was just another town with dwindlin...... Read more

View All News

Calendar

The Costly Impacts of Predation and Conflicting Federal Statutes on Native and Endangered Fish Species
Subcommittee on Water, Power and Oceans | 1334 Longworth House Office Building, Washington, D.C. 20515
Legislative Hearing on H.R. 87, H.R. 295, H.R. 1621 and H.R. 2817
Subcommittee on Federal Lands | 1324 Longworth House Office Building, Washington, D.C. 20515
View All Events