A Vote of “Historic Proportions?” We Agree.

Today, President Obama said:

“Right now, the House of Representatives is moving towards a vote of historic proportions….”

We agree.

When Speaker Pelosi holds a vote tomorrow on the National Energy Tax bill (H.R. 2454) – it will be a vote of historic proportions.

Unfortunately, that’s because history will show that as America’s unemployment rate was rising, Democrats in Congress were voting for a cap and tax plan that will inflict even more economic pain upon struggling Americans. 

Specifically, this bill is predicted to:

• Cost 2.5 million American jobs (National Black Chamber of Commerce)

• Decrease America’s Gross Domestic Product by 2.5 percent (Brookings Institute)

• Raise inflation-adjusted gasoline prices by 58 percent (Heritage Foundation)

After months of increasing unemployment, now is the worst time possible for the Democrat Congress to pass a National Energy Tax.

The good news is that Republicans have proposed a better way forward that will grow our economy, create new high-paying jobs, protect our environment, and provide affordable energy.

The American Energy Act (H.R. 2846) is an all-of-the-above plan that will develop all types of American-made energy.  It promotes renewable energy sources, such as wind, solar, hydropower, nuclear and biomass, while also producing more American-made oil and natural gas.

Instead of implementing a National Energy Tax, Democrat Leaders should hold a vote on the American Energy Act.

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