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Yes, you read that headline correctly. Although U.S. Reps. Gene Green, Sheila Jackson Lee, Charlie Gonzales, Al Green, Ciro Rodriguez and Henry Cuellar, all Democrats from Texas, stressed that they "support President Obama's goals to end our addiction to foreign oil, invest in clean, renewable energy and transition to a low-carbon economy," the five congressman warned that the President's proposals could curb domestic energy production. The group, who were joined by six other House Democratic colleagues, sent a letter yesterday to U.S. Rep. John Spratt, chairman of the House Budget Committee. The committee is expected to begin considering President Obama's budget today. Personally I was inclined to agree with President Obama's proposals. This is what the Democrats who disagree are worried about, from the San Antonio Express-News article "Texas Dems say energy is at risk": Obama’s budget would bar deductions for intangible drilling costs, block oil and natural gas companies from claiming domestic manufacturing deductions and repeal the percentage depletion for wells. It also would impose new use-it-or-lose-it style fees on inactive drilling leases on public lands. Administration officials have argued that the incentives encourage reliance on polluting fossil fuels while draining federal coffers. ... they told Spratt [that] the U.S. needs an all-inclusive energy policy that recognizes the role of natural gas and oil. And they are concerned that some of the proposed tax increases could hurt “domestic energy production and job growth,” while disproportionately affecting small and independent producers.
Do you think these six congressman are right or should they have stood with President Obama on his energy proposals?
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