Senator Katie Britt Supports Movement to Overturn Natural Gas Tax under Inflation Reduction Act

By Better Today On Jun 14, 2024

TL/DR –

U.S. Senators Katie Britt and Ted Cruz have proposed legislation to repeal the Natural Gas Tax, part of the Biden Administration’s Inflation Reduction Act, arguing it will increase energy costs and strain American families. The Natural Gas Tax Repeal Act seeks to remove the methane emissions fee introduced by the Inflation Reduction Act. The Senators cite concerns that Biden’s regulatory regime will hinder American energy independence, negatively impact the economy, and undermine national and economic security.

U.S. Senators Aim to Repeal Biden’s Natural Gas Tax

Washington D.C. – U.S. Senators Katie Britt (R-Ala.) and Ted Cruz (R-Tex.), with support from 10 other colleagues, have presented legislation to repeal the Natural Gas Tax brought in under the Biden Administration’s Inflation Reduction Act (IRA). The senators insist this tax will escalate energy costs and add to the financial struggles of American families already dealing with high inflation.

The proposed Natural Gas Tax Repeal Act aims to abolish the methane emissions fee introduced by the IRA. This measure was first put forward by Representative August Pfluger (R-Texas-11) in the House of Representatives and passed earlier this year in H.R. 1023, the Cutting Green Corruption and Taxes Act.

Britt voiced her dedication to backing domestic energy producers and opposing regulations that could dampen American energy independence. She expressed criticism of what she views as the administration’s partisan Green New Deal Agenda, which, in her opinion, weakens national and economic security.

Cruz reflected on the detrimental impact of the methane emissions fee on the economy and energy sector. He emphasized the potential harm to energy producers in Texas’ Permian Basin and accused the Biden Administration of prioritizing a radical climate agenda over the needs of the American people.

Other senators supporting the legislation include Roger Marshall (R-Kans.), Mike Lee (R-Utah), Pete Ricketts (R-Nebr.), Cindy Hyde-Smith (R-Miss.), John Hoeven (R-N.Dak.), Mike Braun (R-Ind.), Tommy Tuberville (R-Ala.), J.D. Vance (R-Ohio), Tom Cotton (R-Ark.), and John Barrasso (R-Wyo.).

The Natural Gas Tax Repeal Act highlights ongoing Congressional debates regarding energy policy, regulation, and economic impact. Supporters argue reducing regulations will enhance energy production and reduce consumer costs, while critics warn against weakening environmental protections tackling climate change.