[Congressional Record (Bound Edition), Volume 155 (2009), Part 11]
[House]
[Page 14570]
[From the U.S. Government Publishing Office, www.gpo.gov]




              WAXMAN-MARKEY BILL IS ALL HAT AND NO CATTLE

  (Mr. NEUGEBAUER asked and was given permission to address the House 
for 1 minute.)
  Mr. NEUGEBAUER. Mr. Speaker, in Texas there is an old saying about 
the cowboy that was all hat and no cattle; in other words, he was all 
show and no substance.
  At a time of economic hardship, Mr. Speaker, this Waxman-Markey 
energy bill is all tax and no energy. It is going to cost every 
American family a $3,100 increase in their energy costs. Farm income is 
expected to decrease $8 billion in the near term and almost $50 billion 
in the outyears, a 57 percent decrease in farm income over the next 20 
years.
  The trouble with this cap-and-tax is it is also going to increase the 
cost of buildings and construction of farm buildings. In a town hall 
meeting last week, Mr. Speaker, the people in the 19th Congressional 
District said, Congressman, please stop this cap-and-tax bill. They 
know that this is a plan not to produce more energy, but it is a plan 
to increase taxes, to take more money out American families' pockets.
  Mr. Speaker, I stand for the American farmers and families and small 
businesses all across America. I opposed this cap-and-tax plan. The 
Waxman-Markey bill is all hat and no cattle.

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