[Congressional Record Volume 156, Number 16 (Wednesday, February 3, 2010)]
[House]
[Page H476]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ENERGY AND JOBS
(Mr. SMITH of Nebraska asked and was given permission to address the
House for 1 minute and to revise and extend his remarks.)
Mr. SMITH of Nebraska. Mr. Speaker, earlier this week, Congress
received the White House's budget proposal. The President's budget more
than doubles our national debt, drives spending to a record $3.8
trillion, pushes the deficit to an unheard of $1.6 trillion, and raises
taxes by more than $2 trillion over the next 10 years. It also includes
$36.5 billion in direct tax and fee increases on American oil, natural
gas, and coal. These tax increases will only serve to reduce American
energy production, increase energy prices, and destroy American jobs.
I support an all-of-the-above approach to our energy policy, one
which encourages research and exploration for all forms of American-
produced energy. Let's take this opportunity to do what is right for
the future of our country by tapping into domestic energy resources and
creating American jobs here at home.
____________________