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tv   Senate Democratic Leader Schumer on Energy Costs in GOP Tax Spending...  CSPAN  June 12, 2025 4:43am-5:15am EDT

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>> i agree, my children grow and my grandchildren agree. okay. thank you. i'm so glad to be joined by three of my great colleagues in the senate, senators whitehouse markee and we have league of conservation voters, dean walsh of the ibw electricians and brad vanworth montana renewable energy coalition. i want to thank everybody for being here
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solar, wind, clean energy components, we say we need more energy in america, the quickest and best way to get it, the cheapest way to get it is clean energy plain and simple and yet what has happened is this, the house has sent us a bill that kills the program. it's not just a haircut, not just a trim, this is death with a dog adder through the heart by the provisions they put in the
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dark of night at the last minute. most house republicans didn't even know, didn't even know what was going on yet these provisions within clean energy. you all know what they are. just listen to this one, if you don't have a new project in the ground 60 days after the bill passes, you get no credit. if you had any relationship with china decades ago, you don't get it. why does the american people come -- care about this so much, well, one it's going to raise their costs dramatically and we just got new estimates today. we thought the originally it would cost americans about $32 billion on that household energy bills, we found new estimate that's much, much worse
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unfortunately, $170 billion. new modeling that has come out from one of the most respected modelers. energy innovation and they've been our lone star for a long time. $170 billion to keep your lights on. isn't that incredible? electricity bills will go up more than 10% next year in some dates, republican states, kansas, missouri, south carolina, they go up 15%. and if you live in kentucky, you can pay $860 more a year. so that's the cost, second the jobs, we estimate there are 850,000 clean energy good-paying jobs in this bill gone, gone. a load of jobs and 70% of them are in red states so this is not a democratic or republican
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issue, this is an american issue and third, if you wanted to write a law that surrenders energy dependence to the chinese communist party and communist government, this is it. look no further than this bill. china is gaming in solar, wants to dominate. if we cut all solar production, china will dominate and our children and grandchildren and even many of us will be china's whim, china will have a grip on our energy policies. it would be outrageous, outrageous. and so why did all of this happen, how could they be so bad? the reason they are making cuts is they want tax breaks for billionaires. it's outrageous, outrageous and a small group in the house led by chip roy, these are not even mainstream energy producers, these are not the exxons or the chevrons that have all the above
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policy but rather the hard right people who made a fortune hitting oil or gas. they hate clean energy like a religion, not even policy for them, they hate it like the religion because clean energy is the future and fossil fuels are the past. and soon, soon enough fossil fuels just by market reck knickses will deflate, will will bereplaced. we are working with utilities, we are working with tech companies, they need more energy for ai, we are working with everyone we can, the big producers of the jobs and sending the message out to our republican colleagues, change this bill. it's horrible for consumers, it's horrible for jobs, it's
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horrible for american independence with china, we are going to fight this, fight this, fight this and believe we have a god chance of succeeding and at least modifying and maybe even killing the awful provisions in the house bill. with that, let me call on senator white house. [applause] >> thank you, chuck. and let me thank chuck schumer for the intensity of his leadership on this issue. when he said that he and his team are on this 24/7, he's not kidding. it's a new york 24/7, it's a hard-working 24/7 so i'm really grateful for the effort that is team schumer is putting in. we have to face the fact that the anticlean energy provisions of this bill are the product of corruption run a muck. in the wake of citizens united, the fossil fuel industry succeeded at hostile takeover of
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the republican party. and now owning all three branches, senate, house and all the political branches and the white house, they have essentially gone berserk. the problem that they ignore is that after 15 years of blocking clean energy legislation bipartisan clean energy legislation that could have solved this problem, we are now under the era of consequences. we are into the consequences that the scientists predicted 20, 30, 40 years ago. it is happening now and it is happening first in insurance and mortgage markets. look no further than the meltdown in florida. so in addition to the 170 billion-dollar increase in electric bills, in addition to the loss of millions of jobs, there's also this looming
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catastrophe as insurance and emergency markets melt down in the face of climate upheaval. it's not just me who is saying this. fed chair powell came to the banking committee just six weeks ago to say, but chief economists for freddie mack has been warning for years of the climate meltdown leads to insurance meltdown, leads to mortgage meltdown, leads to property values crash, leads to recession. he started saying that about coastal that markey and i face in new england. now wild fire risks that they're seeing in montana that's just as severe to cascade in motion. so there is an enormous,
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enormous storm ahead of us and any good captain should pay attention to real warnings of real storms and we're not paying attention because of the influence of a fossil fuel industry and the cost of american consumers will be extremely, extremely grave. with that i think i turn it over to markey. >> thank you, shel don. [applause] >> thank you for all your great work. i want to thank chuck as well. chuck is spending so much time and energy on this. he's become like a perpetual motion machine. >> it's clean energy. >> it's clean energy and you would qualify tax break as new energy source. that's how much energy you have grown in this effort. we thank you for everything that
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you are doing. a couple of numbers, one, last year in the united states, 94% of all new electrical generation capacity was wind, solar. let me repeat that, in 2024 in the united states of america, 94% of all new installed electric generation was wind, solar and battery. the revolution is on. it's working. it's creating jobs by the hundreds of thousands all across. union jobs. ibew jobs, jobs for workers who have not just jobs but careers for the next generation this clean energy future for our country. republicans are planning on
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gutting all these tax breaks. that's what came out of the house of representatives. why are they doing it? they are doing it for the natural gas industry. the natural gas industry wants to kill the offshore wind industry because that will provide a source of electricity all along the east coast, rhode island, massachusetts, new york, all the way down to virginia. even as we have the tax breaks that will line up with installation with all of those new energy sources, the ai industry going to lead doubling of the electricity demand in our country over the next ten years. we are going to need wind installed. we are going to need battery technologies or the future otherwise natural gas industry has its way, we will only have natural gas and there won't be enough of it because they are now exporting massive amounts of it overseas in l&g and the
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prices for consumers are going to spike. they're going to continue to rise and rise and rise because of that fossil fuel agenda. so what we need is, we need the jobs by the hundreds of thousands and eventually millions that will be created and they'll be union jobs. we need the reduction and greenhouse houses because as senatorwhitehouse we have to put preventive care and also unlivable in many parts of the country and third, we must honor obligation to the next generation of young people. so that's the responsibility which we have and we just have to be sure we -- we are going to try to find republicans because
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80% of all of the funding so far has gone to red states. 80% of the jobs, 80% of the funding and i think common sense solutions can't be found and that is what we are trying to accomplish. now, let me answer -- let me turn and introduce our great senator rochester. >> thank you, senator. good afternoon, everyone. thank you leader schumer and to my colleagues and ranking member whitehouse. i'm a member of the environmental public works committee and so i'm grateful to be here but i'm also a member of the health committee, health, education labor and pension and i think this bill really does encompass everything that we deal with, whether it's health care, whether it's the economy, whether it's the environment and i want to just take one moment to pause and think about the historic passage of the
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inflation reduction act. the people behind me and around us help make that possible. investments that really do touch each and every one of us and prepare us for the future and so what this fight is about, let me be blunt, that's my name, let me be blunt, what this fight is really about, it is about people, our constituents who are writing into us and saying, my energy costs are too high. we fought to get energy efficiency and things in that bill that would lower the cost of goods for people but also lower their energy costs. this bill is bad for people, this bill is bad for people who are trying to live their purpose and who are working incredible jobs. labor, jobs, delaware is in the house, that's right.
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as a matter of fact, my name is lisa blunt rochester and as a matter of fact, you can't spell labor without lbr. labor, this is about jobs, hundreds of thousands of jobs are at risk because of this big bad bill. this bill is also about a planet. without the planet it is all a moot point. what are we talking about, and so the messages is very simple, we want people to know that across the spectrum, across party lines this bill is bad for the american people and i am -- i don't think -- i knew he was coming to the press conference here but i'm going to point out that our former chairman senator tom carper from the state of delaware who worked hard to ensure that we pass that
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historic investment and our planet and climate and in our jobs and our economy. i will, again, just close with these are uncertain times but i stand here not just as the former secretary of labor under tom harper, not just as a member of the environmental and public works committee, but also as a mother and a grandmother. we are fighting for our planet. we are fighting for our people. we are fighting for jobs because this moment demands it and so my message to you is kill this bill. >> well done. [applause] >> all right. lcd. league of conservation voters. >> thank you so much leader schumer, thank you senators whitehouse, markey, blunt. thank you senator carper for
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your leadership. we are honored to be here with you today, on this very hot day, hot summer day in the nation's capitol. league of conservation voters and also glad to be with many colleagues, organizers, activists from the climate action campaign from other environmental organizations, of course, with our friends in labor and we are also here to say kill this bill. how has obamination of the bills, it is bad for businesses, it is bad for businesses across the country and it is bad for the planet. why? all for the stake of massive tax breaks for billionaires. this big ugly bill would kill jobs, it would raise energy costs on families and businesses already struggling. it would hurt reliability of a grid and threaten our air, our water, our land and our health
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with more pollution. senator schumer referenced a new analysis from energy innovation that is just out today that shows that this big ugly bill will kill 840,000 clean energy jobs by 2030 and another 790,000 jobs. he also mentioned total cost on american families and energy bills, that would boil down to the average annual energy bill for families going up $262. in some states it would be much, much higher. people cannot afford this. we cannot afford this at a time when we are all worried about rising energy costs, we simply cannot afford to ban clean energy, we cannot stop people from making their own clean energy choices. now is the time to produce more clean energy, not less to drive
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down these costs. i also want to note that eliminating the clean energy investments would lead the eletric grid weaker and more vulnerable at a time when we need it most. we have all seen what happened because of the climate crisis getting worse from severe heat, ice storms, severe weather, thousands of people lose power and businesses lose millions of dollars. so now more than ever we need to protect these clean energy investments that are already creating good-paying jobs, saving people money and protecting our health, our air, our land and so much more. thank you again for the incredible leadership of all the senators and i'm happy to turn it over to dean from ibew and let's kill this big ugly bill. [applause] >> ibew has been great in many states mobilizing workers and
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second, i just want to convey to you the condolences, great leader of ibw and he lost his mom. >> thank you, senator schumer and everyone for invite knowing speak on behalf of 860,000 highly skilled electrical workers of the ibaw, we keep lights on but for ibaw does much more than that, whether it's power plants, power lines, solar panels or the super bowl, ibw is committed to keeping the country running often in most dangerous jobs there are. they have been at the forefront of every energy revolution since the dawn of electricity including the one transforming our country today. clean energy electricity facing.
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staggering 25% more of electricity in the next, what is driving the surge, this morning, ai, depending, ten times the energy of a standard google search. this is transforming how we use and how we create electricity. solar fields, wind turbines and data centers are of the size of football fields popping up all over the country and every form of domestic clean energy that's how we establish energy security so we can answer the demands of the 21st century without defending on america's adversaries, but the current version of the gop tax bill shut down this much-needed development canceling a half a trillion dollars in private
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investments. this will wipe out over 2 million jobs nationwide and tens of thousands of good ibew jobs families sustaining community building, economy boosting union jobs. these investments in america is what we are talking about, regular hard-working americans that were out of tax bill to make room for tax breaks for the rich. it just doesn't add up unless you're a billionaire. climate resilience, it's just common sense.
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they have already sparked historic job growth putting skilled workers like ibaw members in careers that build life-changing generational stability that all americans deserve. cutting these tax credit wills shrink the number of young people benefiting and shrink paychecks of the workers who build our cities and our towns and it will shrink the local economies of those same communities. every project that is abandoned because of this bill is a good job cut short, a retirement delayed and future held back. for the benefit of billionaires who do not need congress' help but working americans do and thankfully it's not too late for a responsible leadership. defending these tax credits is how the senate can protect the voters that elected them, preserve the progress that's already underway and demonstrate with their action that their priority is the american worker.
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thank you. [applause] >> the montana renewable energy association. >> thank you, senator. thank you for having us here today and as we heard talk about clean energy but what we are really talking about is more energy in a time when we need every electron we can find, distributed generation in solar projects is one of the quickest to come online and incredibly important right now. what we need to do in montana and industry represents a thousand good-paying careers and many of those are on the chopping block overnight if the bill were to pass. it affects not just our careers and workers but also it affects engineers and architects and all of the other people working adjacent to the industry and the jobs that we are creating, the careers we are training into, they are there for american future now and future tomorrow. we need to protect these jobs
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and do the best we can to ensure that we have the strong resilient industry today and in our future. thank you. brad. [applause] >> talking to a lot of the folks, we have energy providers, clean energy companies, we are getting some vibes that people realize and we are hoping they can all go together to john thune and craig and say change it, we can't be for it the way
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it is. [inaudible] >> we have a list of 16 republican senators who have shown some discomfort with this and that's the main group we are focused on. it's much more than the two of them. yes, last one. [away from microphone] >> yeah, the industry folks are with us and many on the other side of the aisle and some are just business leaders who are not political but they know how damaging it would be to their own companies and own employees and -- we are all against this proposal, but with republicans and i spoke to of those people, leaders in places like duke and southern and they were getting good vibes, no commitments but good vibes, we are going to keep at this and keep at this and keep at this until we get change. thank you, everybody. appreciate my colleagues.
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[applause] we are
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not. ms. warren: i ask for recognition. the presiding officer: the senator is recognized. ms. warren: i rise to address the genius act and how it affects our democracy. i expected to be on the floor to adopt a series of amendments filed by democrats and republicans, amendments that would fix the core problems with this bill. for weeks leader thune promised that senators would have a chance to vote on amendments on

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