Washington, D.C. - As Americans continue to grapple with rising costs, Power The Future applauds the effort of Senator Ted Cruz (R-TX) to repeal the tax on natural gas imposed by President Biden. The increased cost for natural gas was another aspect buried into the President's Inflation Reduction Act.
"Raising costs during a time of massive inflation would be defined as insanity almost anywhere, but it's business as usual for President Biden," said Daniel Turner, Founder and Executive Director for Power The Future. "We are grateful to see Senator Cruz standing up for working families by trying to free them from Joe Biden's ever-increasing climate costs. Senator Cruz's bill deserves to be heard and passed immediately before American's get stuck with higher prices to heat their home this winter."
Since Joe Biden's inauguration in 2021, electricity prices have increased nearly 30 percent nationwide. Meanwhile, natural gas makes up about 33 percent of all the energy consumed in the United States and is used by millions for electricity generation and home heating.
Power The Future is a 501c4 non-profit dedicated to fighting for American energy workers.
Copyright (C) 2024 Power The Future. All rights reserved.