[Congressional Record (Bound Edition), Volume 152 (2006), Part 5]
[House]
[Page 5922]
[From the U.S. Government Publishing Office, www.gpo.gov]




                               GAS PRICES

  (Ms. JACKSON-LEE of Texas asked and was given permission to address 
the House for 1 minute and to revise and extend her remarks.)
  Ms. JACKSON-LEE of Texas. Madam Speaker, nothing was more talked 
about during the work recess than the outrageous gasoline prices as 
they go up and up and up. None were more harmed than seniors, others on 
fixed income, and, of course, America's families who are struggling. We 
also in Texas had a rolling blackout.
  So we must act now; not the Republican agenda, not the agenda that 
does not work, but Democrats and Republicans must work together to act 
and pass solutions. We must have, if you will, a conservation day, 1 
day that you are on public transportation or bicycles; taxes on the 
excessive CEO salaries, how much can they spend? We must have, of 
course, a tax on the outrageous profits of the energy companies, but, 
more importantly, that tax can be used as a rebate, a one-time $10 
rebate to those families who are at a certain income; review of the 
release of barrels from the petroleum reserve; Congressional hearings 
on the allegation of price gouging; the FTC, the Federal Trade 
Commission, must be out in the field doing a national survey on gas 
prices, an assessment of the market, analyzing the exploiting of 
political issues like Iraq and Iran.
  The President must take leadership. Government incentives for 
domestic production of ethanol and town hall meetings will be held in 
my district, and also we must do exploration in the gulf. Outrageous 
gas prices require us to act.

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