Motion To Adjourn
Mr. Speaker, let's review the score. Big Oil, one; taxpayers, zero. But today we are about to even the score. When he took office, President Bush said this country was in need of a comprehensive energy policy. He was right, and…
Mr. Speaker, let's review the score. Big Oil, one; taxpayers, zero. But today we are about to even the score.
When he took office, President Bush said this country was in need of a comprehensive energy policy. He was right, and unfortunately we are still waiting.
We are still waiting because rather than a solution we got a $14 billion taxpayer handout to oil and gas companies. Taxpayers were forced to pay twice, once at the pump and then again on April 15. At the same time, the five big oil companies made record profits of $97 billion in 2006, and the taxpayers were asked to subsidize their industry.
Where are gas prices today? Almost double where they were when George Bush took office. Today, as we complete our first 100 hours, it is the beginning of clean energy and the end of dirty politics.
Just last week, my colleagues on the other side were saying that we were subsidizing; that the private sector was working in the prescription drug area, and today they argue in favor of a $14 billion taxpayer handout for big oil companies. I am proud the inconsistency doesn't seem to get in the way of a good argument.
I think this serves a fitting end to our first 100 hours agenda and the 6 in '06. Two weeks ago, we began the 100 hours by enacting the most comprehensive ethics reform since the Watergate era, and we end the culture of corruption where the special interests had a free rein in determining national policy. Nowhere was that corruption of the system more apparent than the handouts to the energy companies.
Mr. Speaker, for the past 4 years, I have come to this podium and said that that gavel was supposed to open up the people's House, not the auction house. Today, I proudly can say that we have given the people a voice, stood up to the special interests, and fought for hardworking families. The score is tied, and we are just getting warmed up.