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Roskam Discusses Tax Reform and Lowering Energy Costs on Bloomberg, FOX

Statement

By:
Date:
Location: Washington, DC

Chief Deputy Whip Peter Roskam (IL-06) appeared today on Bloomberg to discuss comprehensive, pro-growth tax reform, and on Fox Business Network to discuss President Obama's attempts to circumvent Congress and how we can achieve lower energy prices for Americans.

Reforming the tax code this year:

"I think what we've got to recognize is that there's nobody that can defend the status quo of our tax code, and that creates an opportunity where we can all come together. Now look, we're right up against it at the end of the year with the expiration of the "01 and the' 03 tax cuts, we are going to be dealing with about a 100 tax extenders. So the House continues to propose and, as you've mentioned, last week we've passed the small business tax cut. But I think that there's a larger recognition that reforming our tax code is an area where we can come together as a country and drive a competitiveness agenda. The House Ways and Means Committee under the chairmanship of Dave Camp has done a good job in my view over the past 18 months of framing up that debate. Look, if Senator Reid chooses not to take these things up in the Senate, unfortunately that is his prerogative, but the House is going to continue to propose."

Achieving consensus on tax reform:

"Well I think there's part of it that has to be settled in the election. The country has to make a decision about whether they agree with President Obama's vision of the world, which is to let those tax cuts expire and then walk into the largest tax increase in American history, a $4 trillion tax hike at the end of the year….Or take on [Governor Romney's] vision which says: don't let those taxes expire and continue to move on. Look, the House is not going to be an institution that is defined by what the Senate fails to do, and the country is going to have to sort this out, but this will come to fruition, without question, at the end of the year."

Finding common ground on tax reform:

"Well I think what you try and do is you drive toward consensus, and the budget is a perfect example of that. There were some members when they first heard the budget proposals, they said "Well I came to balance the budget in one year." And it's impossible to balance the budget in one year. And over a period of time you give good members good information and give them time and they are going to come to a good result. So taxes is an area where we're largely unified as a group, we believe in a growth agenda and you'll continue to see the House moving growth oriented tax cuts."

Lowering energy prices:

"I think what you do is you don't slow walk permits; you accelerate permits for oil and gas exploration off of the coast and in the Mountain West; you begin to communicate a far different energy agenda than saying "yes' to Solyndra and "no' to the Keystone Pipeline. The president has made a decision as it relates to energy to really cater to a very fringe, very narrow group of his environmental base, as opposed to focusing in on energy policy that is good for the country at large. So I'm not overstating what the president is able to do on energy, but what I am saying is he can lead and he can create an environment where exploration and the supply side of things is perceived more openly and more warmly within the Administration. They are being passive aggressive at best, and it's not helpful."


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