Natural Resources Committee Bills Passed by House Would Create Over a Million Jobs and Billions in RevenueWhy Is Obama Administration Refusing to Act?
WASHINGTON, D.C.,
April 3, 2014
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Committee Press Office
(202-225-2761)
Tags:
Full Committee
Today at a Full Committee hearing, Department of the Interior Secretary Sally Jewell testified that the Department’s programs and activities support millions of jobs and generate billions in revenue. While this is true, the Secretary failed to acknowledge the millions of jobs and billions in revenue that could be created if the Administration didn’t impose burdensome red-tape and regulations that block access to our Nation’s public lands and resource. In fact, Natural Resources Committee bills passed by the House of Representatives this Congress to expand energy production, responsibly manage our federal forests, create small hydropower programs, protect private property rights and restore water flows, and streamline the federal permitting process would create more than $2.37 billion in additional revenue and create more than 1.4 million jobs.
As Chairman Hastings noted at today’s hearing, “U.S. energy production is the second highest source of revenue to the U.S. treasury – and that’s the reason the Administration is able to say that this budget would bring in more revenue than it spends. But that misses the point. The Obama Administration in this budget is forfeiting billions of dollars in new revenue by continuing to stifle energy production on our federal lands.” Current Vs. Potential Jobs and Revenue if Committee Bills Enacted Background
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