Speaker McCarthy Announces H.R. 1: Lower Energy Costs Act

Statement

Speaker McCarthy released the following statement on H.R. 1:

"The Biden administration has kneecapped American energy production, and endlessly delayed critical infrastructure projects. Democrats' misguided policies increased costs for every American and jeopardized our national security -- and they've made the rest of the world more reliant on dirtier energy from Russia and China.

"To lower costs for Americans and grow our economy, we need to get the federal government out of the way. The Lower Energy Costs Act will fast-track American energy production, and includes comprehensive permitting reforms that will speed construction for everything from pipelines to transmission to water infrastructure. And it ensures that the critical minerals needed for advanced technologies come from America -- not China.

"This bill will be critical to growing our economy, lifting communities out of energy poverty, and ensuring American leadership long into the future."

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