Brady Blasts President Biden's Call for Higher Energy Prices Through New Taxes on American Energy Producers

Press Release

Date: Oct. 31, 2022
Location: Washington, DC
Issues: Energy

After worsening the energy crisis American families are facing by passing a $25 billion tax hike on American-made energy, President Biden is once again calling for a new tax on domestic producers.

Ways and Means Republican Leader Rep. Kevin Brady (R-TX) warned that President Biden's new tax would mean even higher prices and less American-made energy:

"Haven't American families suffered enough from President Biden's damaging attack on American-made energy? Desperately trying to salvage the mid-term elections, now he's proposing another dangerous policy that will increase energy prices and energy poverty while making America more vulnerable to foreign countries for our daily energy needs.

"We've seen this mistake before. This is a Carter-era tax hike that slashed production while making the U.S. more dependent on foreign oil. This couldn't come at a worse time for American families suffering under 40-year high inflation, who are on track to pay the highest prices to keep their homes warm in 25 years."


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