欧美情色片 Statement on House Ways and Means Committee Advancing Tax Bill

May 14 2025


WASHINGTON D.C., May 14, 2025 鈥斅燭he 欧美情色片 Association (欧美情色片) issued the following statement from 欧美情色片 CEO Jason Grumet after the the tax portion of the budget reconciliation bill:

鈥淲hen Congress plays Red Light / Green Light with domestic energy production, American companies lose billions of dollars, investment stalls, and our economy suffers.

鈥淭he legislation advanced today out of House Ways and Means does not deliver an orderly phase-down of clean energy tax credits. It imposes a sudden policy shift that would raise energy costs, take paychecks away聽from tens of thousands of American workers, and harm the economies of small towns across the nation.

鈥淲e embrace the Administration鈥檚 goal to spur job growth and innovation through lower taxes. The Ways and Means bill would significantly raise taxes on the fastest-growing energy sector, undercutting Congress鈥 and the Trump Administration鈥檚 economic goals.

鈥淎merica is in a race with China for digital dominance. We cannot win this race without the energy required to power AI data centers. Over 90% of the electricity added to the grid last year came from the clean sources threatened by this legislation. Now is not the time for disruptive policy that will reduce American energy production and threaten our security.

鈥淭here is a sensible way to phase down clean energy incentives. We remain committed to working with lawmakers on a path that achieves their legitimate policy goals without harming American companies, consumers, and communities.鈥