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Are House Democrats Trying to Weaken America’s Historically Strong Economy

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Washington, May 2, 2019 | comments
USA Business Radio

Today, Congressman Kevin Brady (R-TX), who is the leading Republican in the House Ways and Means Committee, released the following statement after voting in opposition of H.R. 9, The Climate Action Now Act.

 

“We all agree that we need to find smarter ways to lower emissions and ensure clean air and water for future generations,” said Brady. “But these actions must take into consideration potential impacts on American jobs and the economy.

 

“The potential fallout from the Paris Agreement is devastating – slashing the U.S. economy by $2.5 trillion, costing nearly 400,000 jobs, and drastically increasing electricity costs for the average family. By refusing to allow President Trump to withdraw from the Paris Agreement, Democrats are stifling domestic innovation and raising the cost of living for hardworking Americans.

 

“Bottom line – the Paris Agreement is not ‘moderate’ – it’s ineffective and costly and fails to provide significant environmental benefits.  Instead of clinging to this controversial agreement, let’s work towards a solution that provides affordable and reliable energy without sacrificing American prosperity, security, and ingenuity.”

The “Climate Action Now Act” is the first step towards the controversial “Green New Deal” that the most progressive members of Congress have promoted. That legislation is a serious job killer, and would add significantly more to a national debt that is over $20 trillion.  That legislation could not get a single “yes” vote in the US Senate (although some voted “present” in order to not be seen against it), because its negative consequences are so obvious. Realizing it could not pass in its entirety, Democrats in the House decided to take a “piecemeal ” approach by beginning with this “Climate Action Now Act.”

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