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.”
Israel and Hamas agreed to extend their cease-fire for two more days past Monday, the Qatari government said, bringing the prospect of a longer halt to their deadliest and most destructive war and further exchanges of militant-held hostages for Palestinians imprisoned by Israel.
A four-day truce in the Israel-Hamas war has taken effect, setting the stage for the exchange of dozens of hostages held by militants in Gaza for Palestinians imprisoned by Israel.
A group of Lahaina wildfire survivors is vowing to camp on a popular resort beach until the mayor uses his emergency powers to shut down unpermitted vacation rentals and make the properties available for residents in desperate need of housing.
House Judiciary Committee Chair Jim Jordan is calling on the assistant U.S. attorney for Delaware, Lesley Wolf, to appear before the committee by Dec. 7 to respond to allegations that she interfered in the yearslong case into the president’s son.
Israel and Hamas have reached an agreement for a four-day halt to the devastating war in Gaza and the release of dozens of hostages held by the militant group as well as Palestinian prisoners.