[Congressional Record Volume 144, Number 30 (Wednesday, March 18, 1998)]
[House]
[Pages H1240-H1241]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          KYOTO CLIMATE TREATY

  (Mr. GIBBONS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. GIBBONS. Mr. Speaker, my father used to tell me that ``if it 
ain't broke, don't fix it.'' Will our Federal Government ever get it 
right? Unfortunately, the Kyoto climate treaty tries not only to fix 
something that is not broken, it fails miserably to do what its 
supporters say it will do.
  Despite the lack of concrete scientific evidence today of the 
existence of global warming, this President is more than willing to put 
millions of American jobs at risk by signing the ill-conceived treaty. 
Entering into this agreement will cause unemployment to rise, prices to 
rise, American productivity to decline, and the American economy to be 
less competitive in the

[[Page H1241]]

world market. Even the Wall Street Journal calls the Kyoto agreement 
the equivalent of a $100- to $200-billion-dollar-a-year tax increase.
  At a time when our economy is booming, interest rates are down, and 
more people are working than ever, it is irresponsible to jeopardize 
this by entering the United States into this treaty. This treaty is bad 
for America. It is bad for Americans.

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