[Congressional Record Volume 152, Number 87 (Thursday, June 29, 2006)]
[House]
[Page H4799]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    DEEP OCEAN ENERGY RESOURCES ACT

  (Mrs. CAPPS asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Mrs. CAPPS. Mr. Speaker, 25 years ago, this Congress enacted a 
protection, in a bipartisan, bicoastal way, protection for our coasts, 
recognizing that we have a Federal responsibility for our deep water 
oceans and the treasures that they hold in store for all Americans.
  Today before us we will have a bill to undo these 25 years of 
bipartisan, bicoastal protection with a bill that is both unnecessary, 
environmentally damaging and fiscally irresponsible. It is a real 
budget buster, creating a new entitlement program for a few States and 
draining the resources to the rest of the States that will be left high 
and dry.
  Don't be fooled by the bill's temptation because of a cost that is 
well below what eventually will end up into the tens of billions of 
dollars. The Bush administration says that over the next 60 years, it 
is a $600 billion giveaway. And this is something that happens at a 
time when we need to look for reducing consumption, more fuel 
efficiency and investing in alternatives.
  Vote ``no'' on the Pombo bill.

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