Rep. Mike Lawler: Congress Will Finalize a Reform Bill Aimed at Increasing Domestic Energy Supply and Help Lower Costs

RUSH EXCERPT:
LAWLER: "Well, as we saw under the prior administration inflation cumulatively rose 21%. So the baseline price of everything went up Obviously, with the war in the Middle East it has caused volatility in the oil markets which ha- which has resulted in a in a spike in inflation But as you just pointed out we saw significant growth in Q3 3.4% Over a million private sector jobs have been created over the past year we are seeing purchasing power rise but there’s still work to do and that’s why I have focused Extensively on what we can do to bring down prices Number one, we did deliver the largest tax cut Number two we did pass the largest housing bill in 36 years to increase supply and bring down prices and increase access to capital Before the end of this Congress we will finalize a permitting Before the end of Congress this Congress, we will finalize a permitting reform bill which will increase domestic supply of energy which directly impacts the prices of everything from manufacturing to transportation to groceries And one of the problems in New York Margaret utilities are up 58% under Kathy Hochul because they shut down nuclear power they banned natural gas they blocked pipelines We are working to rectify that That will drive down energy prices significantly which is critical if we’re going to bring down inflation and bring down costs"