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.”
Melania Trump says it’s “heartbreaking” to see teens grapple with the fallout after they’re targeted by malicious and sexually explicit online content.
The Social Security Administration’s acting commissioner has stepped down from her role at the agency over Department of Government Efficiency requests.
Mexican President Claudia Sheinbaum says her government is not ruling out filing a civil lawsuit against Google if it maintains its stance of calling the stretch of sea between northeastern Mexico and the southeastern United States the “Gulf of America.” Sheinbaum, in her morning press conference on Thursday, said the president’s decree to change the name of the Gulf of Mexico is restricted to the “continental shelf of the United States” because Mexico still controls much of the body of water. “We have sovereignty over our continental shelf,” she said.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it’s because he did pretty much the same thing during
