Today’s the Day!
Today’s the day we get a crystal clear picture of who in the Senate will stand up for the principles of limited government and the free market, and those who believe that the government can – and should – be the arbiter of success. The four amendments to watch:
- The Stabenow amendment – extends numerous federal subsidies for alternative energy; including market-distorting support for alternative fueling stations, cellulosic biofuel including algae, bio- and renewable diesel, refined coal, energy-efficient homes, energy-efficient appliances, onshore and offshore wind, and more. This amendment furthers the complete subsidization of the left’s “green” utopia, even though decades of evidence shows that these subsidies have failed to “jumpstart” these agencies.
- The DeMint Energy Freedom amendment – this is the Energy Freedom and Economic Prosperity Act (EFEPA) (S.2064), which would remove allow the energy tax credits that expired at the end of last year to remain expired and expedite the expiration of all other targeted, market-distorting energy tax credits. The amendment then lowers the corporate tax rate to avoid a tax increase. This will allow all energy industries to compete on their own merits, which will drive innovation – instead of lobbying for government handouts.
- The NAT GAS Act amendment – submitted by Senators Richard Burr (R-NC) and Robert Menendez (D-NJ), this amendment would provide significant subsidies for all aspects of the natural gas vehicle industry – from the production of natural gas-powered vehicles and the purchase of these vehicles to the installation of fueling stations. It would also impose a new tax on natural gas. Instead of removing the heavy hand of government from our economy, this amendment would increase the government’s control.
- The DeMint State Authority amendment – this would turn back control of transportation spending to the states. Currently, the federal government collects taxes from drivers (like the 18.4 cent per gallon of gasoline tax) and then doles that money back to the states using a complex formula that results in some states getting less money back than they pay in. By turning this control back to the states, we get the government out of the way and allow our local governments to spend the money on projects actually useful to state residents.
In each of these amendment votes, Senators have the choice between giving the government more control over our money (we’ve seen how well that’s worked thus far) and getting government out of the way so that the free market can grow and thrive.
Key Vote Alert: “NO” on the Stabenow Amendment
Key Vote Alert: “YES” on the DeMint Energy Freedom Amendment
Key Vote Alert: “NO” on the NAT GAS Act Amendment
Key Vote Alert: “YES” on the DeMint State Authority Amendment