According to the White House, if major energy legislation package put forth by the Republicans gets through Congress, President Biden will veto it “in its present form” because he believes it would not benefit Americans.
The White House provided a statement on Monday which stated that the Biden admin. “deeply opposes” the measure and that the president will veto the energy package if it made it to his desk “in its present form” before the House voted on H.R. 1, Lower Energy Costs Act, where it is anticipated to pass.
The White House argued that the bill, “in its present form, would pad gas and oil company profits… and undercut our public environment and health” and “does the exact opposite” of what the admin. is trying to do to lower the energy costs for American households.”
“H.R. 1 would eliminate the Greenhouse Gas Reduction Fund, which will lower energy costs and stimulate economic growth in rural and urban areas across the nation, and would double the price of energy efficiency upgrades that families require to lower household bills. H.R. 1 would also change the criteria set under the bipartisan Toxic Substances Control Act to assess the safety of chemicals utilized in the energy industry and repeal $1.5 billion in investments aimed at reducing methane leaks that harm neighboring communities. It would additionally relax emissions requirements and worker protection for refineries using toxic chemicals.”
Contrary to what the White House is claiming, Speaker Kevin McCarthy’s (R-CA) office has already said that the legislation will concentrate on two primary priorities: “increasing the manufacturing and exporting of American energy as well as lowering the regulatory stresses that make it harder to construct American infrastructure and expand our economy.”
The Speaker’s office has previously claimed that “the Biden admin. has kneecapped American production of energy and continuously delayed vital infrastructure projects.The rest of the world is now more dependent on dirtier energy from China and Russia as a result of the Democrats’ misguided policies, which have increased expenses for every American and jeopardized our national security.”
The bill is reportedly up for a vote in the House this week, where it is anticipated to pass with ease under the control of the newly elected Republican majority. But it’s anticipated that the measure won’t pass as easily in the Senate, where the Dems. have a tenuous majority and will probably encounter some difficulties.
The Lower Energy Costs Act is “dead on arrival” in the Senate, according to Senate Majority Leader Chuck Schumer, despite the fact that some Democratic senators that are up for reelection, like Sens. Jon Tester and Joe Manchin, have shown a willingness to work with Republicans on some GOP-backed initiatives in the upper chamber.