Hidden Tax

Working Americans have every right to be outraged at the skyrocketing gas prices! Moms and dads, small businesses, and all hardworking Americans have even more gripe with Washington’s inaction in the face of what I consider a “hidden tax” on workers in our country. This week, John McCain introduced his proposal to end the federal moratorium on drilling in the outer continental shelf. This proposal does a number of things, but most importantly, if it were signed into law, it would signal to the world that we are serious about producing American energy. With that, upward pressure on prices in the spot markets and at the pump would likely diminish. In Virginia, deep water energy exploration would mean approximately $250 million/year for 40 years. This money could be used to help clean up the Chesapeake Bay, as well as provide dedicated revenues to research and develop alternative fuel sources to replace the fossil fuels that we are receiving from Middle Eastern countries and others who don’t always have America’s interest in mind. If a President McCain were sworn into office, deep water energy exploration would mean more jobs and more security for us all.

Leave a Reply

One Response to “Hidden Tax”

  1. Steve mac donald Says:
    I respect you and don’t want to rain on the parade but please explain:
    1. the logic whereby it makes sense to bow to states rights if they are California or Florida, but not if they are an interior state (shale oil) or Alaska. This injects a level of creativity of logic that so far has escaped me – and thus makes your efforts less credible…..like read seriously diminishes the credibility you have to an approx. negative point.
    2. Why drilling everywhere we can, does not make environmental sense. Given the USA drilling standards versus the countries we are asking to increase production ( Nigeria, Sudan VZ, Mexico , Russia anyone in the middle east, please explain how producing in the USA does not significantly advance the environmental cause.
    When are you guys going to internalize that you are defending the indefensible and begin to get serious?

Paid for by Cantor for Congress

Cantor for Congress P.O. Box 17813 Richmond, VA 23226
Privacy Policy Copyright 2007 All Rights Reserved