 |
Tax Attorney Information |
Pelosi Statement on Record-High Oil Prices
WASHINGTON, Nov. 7 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi issued the following statement today as the price of oil rose to nearly $100 per barrel:
"As the price of oil surges toward an historic high of $100 a barrel -- almost four times the price when President Bush took office -- the 110th Congress is committed to a New Direction for our nation on energy security.
"For the nearly seven years of the Bush Administration, the rising cost of gas and home heating oil has been a major economic stress on millions of American families. The response from President Bush has been to promote new benefits and tax breaks for an industry already enjoying record profits. The American people, not the oil industry, need help from their government.
"The New Direction Congress is negotiating the final details on a sweeping new bipartisan energy security legislation to invest in the homegrown biofuels to strengthen our national security, lower energy prices, create jobs, promote energy efficiency, and reduce the threat of global warming. We will vote soon to pass this bill and send it to the President for his signature."
Related News
The American Conservative Union has called on Congress to reject proposed energy legislation it says would "threaten to set the U.S. back decades in energy cost and availability" and called on President Bush to veto the bill if it reaches his desk.
ACU Chairman David A. Keene said House Speaker N ... Read Full Article
House Speaker Nancy Pelosi's (D-CA) "new direction" in energy policy actually takes a familiar turn: more money out of taxpayers' pockets and stymied energy development, according to the 362,000-member National Taxpayers Union (NTU). The legislation, unveiled yesterday, would unwisely penalize oil c ... Read Full Article
Speaker Nancy Pelosi spoke on the floor this afternoon urging the passage of H.R. 5351, the Renewable Energy and Energy Conservation Tax Act of 2008. Below are her remarks:
"One year ago, actually a little longer, January 2007, Mr. Rangel brought to the floor legislation similar to this. What it ... Read Full Article
House Republican Whip Roy Blunt (Mo.) issued the following statement today after attending the president's formal signing of H.R. 5140, the Economic Stimulus Act of 2008:
"President Bush signed a piece of good, bipartisan legislation into law today that will help address Americans' growing anxiet ... Read Full Article
Speaker Nancy Pelosi spoke on the floor this afternoon in support of H.R. 3996, the Temporary Tax Relief Act of 2007, which will provide tax relief to 23 million middle-class families by preventing them from being subject to the Alternative Minimum Tax (AMT). The bill passed by a vote of 216 to 193. ... Read Full Article
The fiscal policies of the Bush administration have saddled Pennsylvanians with a debt burden of $8,876 per person over the past six years, according to a new study released today by the Washington, D.C.-based Citizens for Tax Justice (CTJ). The increased debt burden far exceeds the value of the tax ... Read Full Article
Contrary to what many "experts" say ... oil may well plummet to $35 a barrel in 2006, says Steve Forbes, editor and publisher of Forbes magazine.
In an interview with Steve Forbes this week, Dr. Mark Skousen, chairman of Investment U, a free educational financial e-letter http://www.investmentu.c ... Read Full Article
Sponsor Links
Home | |
Copyright © 2004-2007 Sostre & Associates
