House Proceeding 03-26-09 on Mar 26th, 2009 :: 0:11:05 to 0:12:20
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0:10:55 to 0:11:05( Edit History Discussion )

Eric Cantor: families going to have to expect that somehow the reconciliation tools will be used to impose a national energy tax that some have estimated will cost the

0:11:05 to 0:12:20( Edit History Discussion )
Speech By: Joseph Crowley

0:11:06 to 0:11:28( Edit History Discussion )

Joseph Crowley: average family $3,000 a year? and i yield. mr. crowley: i thank the gentleman for yielding. his observations about my district as well. he makes reference -- the gentleman makes reference to cap and trade as we know on this side of the aisle. the budget resolution does not provide reconciliation instructions for cap and trade.

0:11:29 to 0:11:50( Edit History Discussion )

Joseph Crowley: and it is not our intention to use reconciliation which you -- in terms of the process for that legislation. however it does provide for legislation encouraging alternative energy srces and reducing greenhouse gas emissions which we intend to move through the legislative process. in addition, we have heard repeatedly the majority's concern about the cost of the cap and trade proposal.

0:11:51 to 0:12:13( Edit History Discussion )

Joseph Crowley: you just iterated some of those concerns. again the budget does not prescribe the contents of cal and trade legislation which we left to the relevant committees, cluding the committee you and i both serve on where a hearing at this very moment on cap and trade is taking place. at this point -- those estimates make certain assumptions about a

0:12:14 to 0:12:20( Edit History Discussion )

Joseph Crowley: billhat is in effect yet -- not yet written. we look forward to working with the majority.