The Biden administration on Monday issued a statement saying it will veto a GOP-led bill aimed at bringing down energy costs by making it easier for energy companies to get permits for domestic drilling.
“This Administration is making unprecedented progress in protecting America’s energy security and reducing energy costs for Americans – in their homes and at the pump. H.R. 1 would do just the opposite, replacing pro-consumer policies with a thinly veiled license to pollute," the Office of Management and Budget said in a statement on Monday.
"It would raise costs for American families by repealing household energy rebates and rolling back historic investments to increase access to cost-lowering clean energy technologies,” it continued.
The agency also highlighted that oil and gas companies are already making record profits and should be investing that money into expanding production.
In response, House Majority Leader Steve Scalise of Louisiana criticized the administration's handling of energy issues.
“Voters gave House Republicans the majority to reverse this insanity and make energy affordable again, and that’s exactly what the Lower Energy Costs Act does,” he said. “We will pass the bill this week, and urge the Senate and President Biden to work with us to make America energy independent again and provide the much-needed relief that hardworking desperately need.”
The number of U.S. citizens confirmed to have been killed in the Israel-Hamas war has risen to at least 22 with at least 17 more Americans unaccounted for, the State Department said Wednesday. That's an increase in the death toll from 14 the day before, in a war that has already claimed more than 2,200 lives on both sides.
The Israel-Hamas war is now in its fifth day with Israeli officials saying at least 1200 people have been killed in the country, including 150 soldiers. President Joe Biden has confirmed at least 14 Americans are among the dead.
Negotiations started on the Biden administration's latest attempt at student loan forgiveness after the Supreme Court blocked Biden's attempt to use the 2003 Heroes Act to advance student loan forgiveness.
New York Congressman George Santos is now accused of stealing the identities of his political donors, according to a new 23-count indictment that prosecutors filed Tuesday.
A new indictment filed Tuesday charges U.S. Rep. George Santos with stealing the identities of donors to his campaign and then using their credit cards to ring up tens of thousands of dollars in unauthorized charges.
