Unanimous Consent Request--Executive Calendar

Floor Speech

By: Mike Lee
By: Mike Lee
Date: Oct. 6, 2021
Location: Washington, DC

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Mr. LEE. One hundred years ago, not many people could have imagined, certainly not predicted within a degree of accuracy, the kinds of technological advances that we have seen over the last century that have allowed us all to have lights in our own homes; to have televisions, cell phones, all manner of conveniences; and that these things would be widely available to rich and poor alike, urban and rural alike.

These are conveniences that are now so common that they are easy to take for granted. But they don't come about automatically. They didn't just happen. They have been brought to us as a result of labor and innovation and dedication of individuals who took chances and created something new.

Today, I stand opposed to the nomination of Shalanda Baker because she openly opposes the economic system that has brought so much fortune to our country. Regarding capitalism, free markets, Ms. Baker stated the following:

As we move into this new future, we must also remember that a just transformation of our energy system requires a careful interrogation of the racist, capitalist politics that currently drive it. We must expose, and then eradicate, these underpinnings.

Ms. Baker, in addition to having made statements like that one, advocates for a cap-and-floor model for electric utility pricing, one in which high-income individuals would pay a minimum--not a maximum, but a minimum of 6 percent of their entire household income on electricity; and then other households who are less wealthy--the least wealthy would pay no more than 3 or 4 percent of household income.

Look, I, too, want to make sure that our poorest citizens and our poorest communities have access to resources and are able to be lifted out of poverty, but placing obstacles in the way of competitive markets and denigrating the very concept of the competitive markets that have made electricity and so many other developments so available to so many people, rich and poor alike, would I fear; would I firmly believe; would I, am certain, end up preventing technological advances that benefit everyone in our society.

For these reasons, I oppose Ms.

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