Mr. Portman mr. President , i want to talk tonight about a once in a Generation Opportunity we have in this senate tonight to help middleclass families, to help grow our economy, and im going to talk about the facts. Im not going to be making stuff up. Im going to talk about the real middleclass tax cuts that are in this legislation. Im going to show you charts that indicate not just what kind of tax relief is going to be there for you and your family, but whos going to pay, where the burden is. And despite what youre hearing on the floor tonight from some on the other side of the aisle, the burden of taxation actually increased in this tax bill for the wealthiest americans. And in terms of defending the status quo, which is the situation now where jobs and investment are going overseas, i think it is an outrage that this body has sat and watched company after company go overseas because of our tax code. And to say we shouldnt fix it, i dont get that. If we dont lower the rate on busin
2008. Id like to provide specific welcome this morning to our new member, senator smith. It is good to have yes part of the committee. I think youll find that this is a committee that does good work it would like to focus on policy, and would like to do things in a bipartisan way every now and again. So looking forward to starting the new year off with that good foot. We dont have senator capito with us this morning but she is also returning to our committee and i look forward to welcoming her and her ongoing contributions. We do have a lot on our agenda today. Our broad Bipartisan Energy Natural Resources bill where again were looking forward to continuing that as the year progresses to our efforts to increase our nations mineral security, our need for wildfire funding fix, for Street Management reform, innovation, islands and territories. With a wide range of public lands come so theres just do the things that we have on deck for this new year. We were probably have a lighter attenda
Next, a look at the Global Energy outlook with fatih birol. He testified before the Senate Energy and Natural Resources committee about issues including u. S. Oil and Gas Production. This runs an hour and 45 minutes. Good morning, efveryone. The committee will come to order. Id like to provide specific welcome this morning to our new member, senator smith. It is good to have you as part of the committee. I think you will find that this is a committee that does good work. We like to focus on policy and we like to do things in a bipartisan way every now and again. Looking forward to starting the new year off with that good foot. We dont have senator capito with us this morning but she is also returning to our committee and i look forward to welcoming her in her ongoing contributions. We do have a lot on the agenda today. Our broad bipartisan Energy Natural resources bill where again were looking forward to continuing that as the year progresses. Our efforts to increase our nations minera
Good morning, efveryone. The committee will come to order. Id like to provide specific welcome this morning to our new member, senator smith. It is good to have you as part of the committee. I think you will find that this is a committee that does good work. We like to focus on policy and we like to do things in a bipartisan way every now and again. Looking forward to starting the new year off with that good foot. We dont have senator capito with us this morning but she is also returning to our committee and i look forward to welcoming her in her ongoing contributions. We do have a lot on the agenda today. Our broad Bipartisan Energy Natural Resources bill where again were looking forward to continuing that as the year progresses. Our efforts to increase our nations mineral security, our need for wildfire funding fix paired with for estry management reforms, Park Maintenance backlog, islands and territories. Weve got a wide range of public lands. Those are a few of the things that we h
Production in the United States this is good news for the us economy is trades and i am quoting you here, combined with the right policies. When you make that statement, are you referring to tax policies, energy policies, a combination of all of that . If you could go into that i would be curious. Very fortunate because we have oil, gas, Renewable Energy sourceand business here. By improvement of the technology you look more and more oil and gas, existing resources if the right incentives are provided to the industry. Number 2, i believe, huge potential to make more use of urban energies, solar and wind especially. I was able to see support for Renewable Energy policies. The production tax credit. Exactly. Third, very important, the Independence Energy dependence and Energy Dependence is based on two factors, one is encasing production and seconds, keeping consumption at a certain level and not to waste Energy Efficiency so i imagine Domestic Energy policies, in addition to supplyside