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US Congress: Carbon Tax Detrimental to Economy and Families

The U.S. Congress expresses its view that implementing a carbon tax would be harmful to the American economy and families. It is believed that such a tax would increase energy and essential product prices, disproportionately affecting low-income individuals and seniors, and would also lead to job losses and slower economic growth.
Key points
A carbon tax would raise prices for gasoline, electricity, natural gas, and home heating oil, increasing daily expenses for citizens.
Implementing a carbon tax could lead to jobs and businesses moving overseas, reducing U.S. competitiveness.
Congress believes a carbon tax would most severely impact the poor, the elderly, and those on fixed incomes.
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VOTING RESULTS
2024-03-21
53%
For 222
Against 196
Abstain 0
Full voting results open_in_new
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HCONRES_86
Sponsor: Rep. Zinke, Ryan K. [R-MT-1]
Process start date: 2024-01-25
Voting date: 2024-03-21
Meeting no: 2
Voting no: 97