UNITED STATES HOUSE OF REPRESENTATIVES / From the desk of Tom Cole
Since assuming office, President Joe Biden has issued an unprecedented number of unchecked executive orders that have undoubtedly hindered the United States’ economy from fully recovering from the coronavirus pandemic. After two years of financial hardship under his presidency and Democrat control in Congress, I was proud that the House passed the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act last week to provide a long-needed check on this administration.
In January of this year, the president’s own Department of Energy calculated that his first executive order revoking the Keystone XL pipeline permit cost the economy between $3.16 and $9.6 billion. The cancellation of the Keystone XL pipeline and several other anti-American energy executive orders have caused the prices of fuel, energy and nearly every good and service to rise as a domino effect.
