[Congressional Record (Bound Edition), Volume 155 (2009), Part 10]
[House]
[Page 13557]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      CAP-AND-TRADE OR CAP-AND-TAX

  (Mr. LUETKEMEYER asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. LUETKEMEYER. Mr. Speaker, the cap-and-trade bill currently 
working its way through the House is nothing more than a national 
energy tax. The right to emit carbon would essentially be auctioned off 
to generate revenue for more government spending programs, amounting to 
a major tax increase for all American consumers.
  This proposed cap-and-trade is actually a cap-and-tax system that 
will increase taxes, eliminate jobs, or drive them offshore, and raise 
the cost of energy and the price of purchasing any product or service 
dependent upon energy. Many sources have looked at this and said that 
it will cost about $4,000 per household, if not more. Even the 
President expects energy prices to rise, and describes them as 
skyrocketing. This national energy tax will be disastrous, particularly 
in light of our Nation's current economic circumstances.
  As an alternative, I support an ``all of the above'' energy policy to 
end our dependence on foreign oil. I support increasing domestic 
exploration for oil, investing in biofuels, alternative fuels, clean 
coal and nuclear technology.

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