THE LEADER'S REPORT: WEEK OF DECEMBER 03, 2007

Yesterday, the House passed an historic energy bill that declares our independence from foreign oil.  The Energy Independence and Security Act calls for an increase in fuel efficiency for the first time in 32 years by raising fuel economy standards to 35 miles per gallon by 2020.  We are also adding incentives to increase production of bio-fuels, and setting new energy efficiency standards for buildings, lighting, and appliances.  This legislation also requires that 15% of our electricity come from renewable sources.  These provisions are vital to strengthening our national security, decreasing energy costs, growing the economy and creating new jobs, and beginning to reduce global warming.

I am disappointed that Senate Republicans chose to block consideration of this responsible, bipartisan energy bill this morning.  This bill had the support of a wide range of groups, including environmental, business, labor, and farm groups.  I remain hopeful that we will be able to work together to pass a bill that focuses on the future and paves the way to a brighter future of energy independence for our nation.

Next week, the House will take up the Intelligence Authorization conference report and the Department of Defense Authorization conference report.  We are also working hard to offer a compromise to the President in order to fund the priorities of the American people in a fiscally responsible manner, and will likely address other pending business.

 

Hoyer spoke on the House Floor yesterday in support of the Energy Independence and Security Act, calling it "our generation's declaration of independence from foreign sources of petroleum."

 

Yesterday, Hoyer said that the Administration's plan to freeze interest rates on subprime loans for five years is a good start to addressing the mortgage crisis and restoring the housing market, but that this plan may need to be expanded to help as many homeowners as appropriate.

 

Hoyer responded to a press conference held by the President on Tuesday, asking for him to work with Congress on legislation that funds our troops while setting a responsible goal for redeployment.  Hoyer also said that the President was out of touch with the economic insecurity of Americans, and that Democrats are committed to addressing the economic challenges facing our nation.

 

On Monday Hoyer responded to comments by the President, saying that the President should stop using scare tactics of suggesting civilian layoffs in order to get another blank check for Iraq.

 

Hoyer gave remarks at an AMT panel discussion on Thursday, reaffirming his commitment to an AMT patch that is fully paid-for, as well as permanently fixing the AMT.