A concurrent resolution expressing the sense of Congress that a carbon tax would be detrimental to the economy of the United States.

3/14/2024, 11:33 AM

This concurrent resolution expresses the sense of Congress that a carbon tax would be detrimental to families and businesses and would severely harm the economic and national security of the country.

Bill 118 sconres 23 is a concurrent resolution that was introduced in the US Congress. The purpose of this resolution is to express the sense of Congress that implementing a carbon tax would have negative effects on the economy of the United States.

The resolution argues that a carbon tax would increase the cost of energy and goods for American consumers and businesses. It states that this would lead to higher prices for everyday items, making it more difficult for families to make ends meet and for businesses to remain competitive in the global market.

Additionally, the resolution highlights concerns about the impact of a carbon tax on jobs and economic growth. It suggests that such a tax could lead to job losses in industries that rely heavily on fossil fuels, such as manufacturing and transportation. It also warns that a carbon tax could hinder economic growth by placing additional burdens on businesses and reducing their ability to invest and expand. Overall, Bill 118 sconres 23 presents a viewpoint that a carbon tax would be detrimental to the economy of the United States. It emphasizes the potential negative consequences of such a tax on consumers, businesses, jobs, and economic growth.
Congress
118
Number
SCONRES - 23
Introduced on
2023-10-26
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

10/26/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This concurrent resolution expresses the sense of Congress that a carbon tax would be detrimental to families and businesses and would severely harm the economic and national security of the country.

Bill 118 sconres 23 is a concurrent resolution that was introduced in the US Congress. The purpose of this resolution is to express the sense of Congress that implementing a carbon tax would have negative effects on the economy of the United States.

The resolution argues that a carbon tax would increase the cost of energy and goods for American consumers and businesses. It states that this would lead to higher prices for everyday items, making it more difficult for families to make ends meet and for businesses to remain competitive in the global market.

Additionally, the resolution highlights concerns about the impact of a carbon tax on jobs and economic growth. It suggests that such a tax could lead to job losses in industries that rely heavily on fossil fuels, such as manufacturing and transportation. It also warns that a carbon tax could hinder economic growth by placing additional burdens on businesses and reducing their ability to invest and expand. Overall, Bill 118 sconres 23 presents a viewpoint that a carbon tax would be detrimental to the economy of the United States. It emphasizes the potential negative consequences of such a tax on consumers, businesses, jobs, and economic growth.
Alternative Names
Official Title as IntroducedA concurrent resolution expressing the sense of Congress that a carbon tax would be detrimental to the economy of the United States.
Policy Areas
Taxation

Comments

Recent Activity

Latest Summary11/6/2023

This concurrent resolution expresses the sense of Congress that a carbon tax would be detrimental to families and businesses and would severely harm the economic and national security of the country.

Latest Action10/26/2023
Referred to the Committee on Finance. (text: CR S5219)