{"bills":[{"photos":{"featured":"https://assets.causes.com/bill/photo/hconres119-115/featured_expressing-the-sense-of-congress-that-a-carbon-tax-would-be-detrimental-to-the-united-states-economy-1531595592.jpg","featured_large":"https://assets.causes.com/bill/photo/hconres119-115/featured_large_expressing-the-sense-of-congress-that-a-carbon-tax-would-be-detrimental-to-the-united-states-economy-1531595592.jpg","shareable":"https://n.causes.com/share-images/bills/hconres119-115.png"},"introduced_on":"2018-04-26","title_override":"Should Congress Express That a Carbon Tax Would Hurt the Economy?","summary_override":"

This resolution would express Congress’ opposition to a federal carbon tax due to concerns that it would raise prices on essentials like food, gasoline, and electricity while having a negative impact on U.S. economic growth. In general, a carbon tax seeks to reduce emissions by taxing carbon-based fossil fuels like coal, oil, or natural gas at a given stage of the fuel’s product lifecycle.

While there are no impending votes on legislation that would impose a carbon tax, the lawmakers supporting this resolution outlined their specific concerns that such a policy:

Would impact the budgets of families and consumers across the board through higher prices, but would especially harm the poor, the elderly, and those on fixed incomes;
Would increase the cost of all goods manufactured in the U.S. while restricting the global competitiveness of America’s economy;
Would restrict domestic energy production and inhibit or reverse the job creation and investment that the energy industry has contributed to the U.S. economy.

As a concurrent resolution, this legislation could be passed by both chambers of Congress, but it wouldn’t go to the president’s desk for a signature as it wouldn’t have the force of law.

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Phillip

Should Congress Express That a Carbon Tax Would Hurt the Economy?