The Biden administration on Monday issued a statement saying it will veto a GOP-led bill aimed at bringing down energy costs by making it easier for energy companies to get permits for domestic drilling.
“This Administration is making unprecedented progress in protecting America’s energy security and reducing energy costs for Americans – in their homes and at the pump. H.R. 1 would do just the opposite, replacing pro-consumer policies with a thinly veiled license to pollute," the Office of Management and Budget said in a statement on Monday.
"It would raise costs for American families by repealing household energy rebates and rolling back historic investments to increase access to cost-lowering clean energy technologies,” it continued.
The agency also highlighted that oil and gas companies are already making record profits and should be investing that money into expanding production.
In response, House Majority Leader Steve Scalise of Louisiana criticized the administration's handling of energy issues.
“Voters gave House Republicans the majority to reverse this insanity and make energy affordable again, and that’s exactly what the Lower Energy Costs Act does,” he said. “We will pass the bill this week, and urge the Senate and President Biden to work with us to make America energy independent again and provide the much-needed relief that hardworking desperately need.”
In a TV interview Sunday, Yellen didn't rule out President Joe Biden acting on his own to try to avert a first-ever federal default.
North Carolina lawmakers on Thursday approved and sent to the governor a ban on nearly all abortions after 12 weeks of pregnancy, down from the current 20 weeks, in response to last year’s overturning of Roe v. Wade at the U.S. Supreme Court.
Associate Justice Clarence Thomas joins other members of the Supreme Court as they pose for a new group portrait, at the Supreme Court building in Washington, Oct. 7, 2022. A Republican megadonor paid two years of private school tuition for a child raised by Supreme Court Justice Clarence Thomas, who did not disclose the payments, a lawyer who has represented Thomas and his wife acknowledged Thursday. (AP Photo/J. Scott Applewhite, File)
Former Proud Boys leader Enrique Tarrio and three other members of the far-right extremist group were convicted Thursday of a plot to attack the U.S. Capitol.
Florida Republicans on Wednesday approved bills to ban diversity programs in colleges and prevent students and teachers from being required to use pronouns that don't correspond to someone's sex, building on top priorities of Republican Gov. Ron DeSantis.
New York state is banning natural gas stoves and furnaces in most new buildings in an effort to reduce greenhouse gas emissions.
Authorities in the U.S. and Europe arrested nearly 300 people, confiscated over $53 million, and seized a dark web marketplace as part of an international crackdown on drug trafficking that officials say was the largest operation of its kind.
Oregon Secretary of State Shemia Fagan has stepped down shortly after apologizing for accepting a payment of $10,000 per month from a consultancy firm for a marijuana company.
U.S. and Mexican officials have agreed on new immigration policies meant to deter illegal border crossings.
Newly opened records that belonged to Supreme Court Justice John Paul Stevens give the public a behind-the-scenes glimpse at his decades on the court, including the tense struggle over the 2000 presidential election and major cases on affirmative action and abortion.
