As discussions continue over President Obama’s cap-and-trade proposal, 6th District Republican Congresswoman Michele Bachmann issued a statement outlining her opposition:
“At a time when the American economy is experiencing a serious recession, the last thing Washington should do is restrict the development of cheaper energy and increase taxes to pay for retro energy ideas. Our government needs to slow down and think twice about enacting an energy policy that will clearly hurt our already struggling economy and financially impact—in the negative—every single American. And that’s exactly what cap and trade will do.
“Ending our nation’s dependence on foreign oil can be done without spending the trillions of dollars President Obama has proposed. The Energy Solutions Working Group is dedicated to an ‘all of the above’ approach that will increase the supply of clean, affordable, American-made energy today and encourage investment for newer, more efficient energy technologies for the future. We have the resources and ability to develop American-made energy and to do so in way that creates jobs and provides tax incentives to encourage innovation to update our energy production.”