Senator Rand Paul (R-Ky.) said President Obama is trying to punish America’s oil and gas industry and help clean energy sources that aren’t creating jobs.
Paul told CNN after the president’s State of the Union speech Tuesday night that Obama is proposing a “smarter tax” on the fossil-fuel industry.
Obama praised the United States’ production boom in the first minute of his speech and highlighted that in 2013 U.S. crude production surpassed imports for the first time in nearly 20 years.
Obama also talked about the need for “a smarter tax policy that stops giving $4 billion a year to fossil fuel industries that don’t need it, so that w can invest more in fuels of the future that do.”
But Paul argued that isn’t correct.
“You have to be thinking about where is the job creation right now, it’s in the oil and gas industry,” Paul said. “So one hand he brags about it, on the other hand he says I’m going to punish them for their success.”