[Congressional Record (Bound Edition), Volume 162 (2016), Part 5]
[Senate]
[Page 6961]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         SUBMITTED RESOLUTIONS

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SENATE RESOLUTION 472--EXPRESSING THE SENSE OF THE SENATE THAT A CARBON 
      TAX WOULD BE DETRIMENTAL TO THE ECONOMY OF THE UNITED STATES

  Mr. BLUNT (for himself, Mr. Barrasso, Mr. Boozman, Mrs. Capito, Mr. 
Coats, Mr. Cochran, Mr. Cotton, Mr. Cruz, Mr. Enzi, Mr. Hatch, Mr. 
Hoeven, Mr. Inhofe, Mr. Lankford, Mr. Lee, Mr. Manchin, Mr. McConnell, 
Mr. Paul, Mr. Roberts, Mr. Rounds, Mr. Rubio, Mr. Scott, Mr. Sessions, 
Mr. Thune, Mr. Vitter, and Mr. Wicker) submitted the following 
resolution; which was referred to the Committee on Finance:

                              S. Res. 472

       Whereas a carbon tax is a Federal tax on carbon released 
     from fossil fuels;
       Whereas a carbon tax would increase energy prices, 
     including the price of gasoline, electricity, natural gas, 
     and home heating oil;
       Whereas a carbon tax would cause families and consumers to 
     pay more for essential items such as food, gasoline, and 
     electricity;
       Whereas a carbon tax would cause the greatest hardship for 
     the poor, the elderly, and individuals living on fixed 
     incomes;
       Whereas a carbon tax would lead to more jobs and businesses 
     moving overseas;
       Whereas a carbon tax would lead to less economic growth;
       Whereas families in the United States would be harmed the 
     most from a carbon tax;
       Whereas, according to the Energy Information 
     Administration, fossil fuels have made up not less than 80 
     percent of the total energy consumption of the United States 
     since 1990;
       Whereas a carbon tax would increase the cost of every good 
     that is manufactured in the United States;
       Whereas a carbon tax would impose disproportionate burdens 
     on certain industries, jobs, States, and geographic regions 
     and would further restrict the global competitiveness of the 
     United States;
       Whereas the ingenuity of the United States has led to 
     innovations in energy exploration and development and has 
     increased production of domestic energy resources on private 
     and State-owned land, which has created significant job 
     growth and private capital investment;
       Whereas the energy policy of the United States should 
     encourage continued private sector innovation and development 
     and not increase the existing tax burden on manufacturers;
       Whereas the production of the energy resources of the 
     United States increases the ability of the United States to 
     maintain a competitive advantage in the global economy;
       Whereas a carbon tax would reduce the global 
     competitiveness of the United States and would encourage 
     development abroad in countries that do not impose that 
     exorbitant tax burden; and
       Whereas Congress and the President should focus on pro-
     growth solutions that encourage increased development of 
     domestic resources: Now, therefore, be it
       Resolved, That it is the sense of the Senate that a carbon 
     tax--
       (1) would be detrimental to families and businesses in the 
     United States; and
       (2) is not in the best interest of the United States.

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