GOP-led Congress unlikely to OK Obama’s new clean energy bid

The proposed fee drew swift objections on Thursday from oil-industry groups and congressional Republicans.

“I know that’s still inconvenient for Republican stump speeches as their doom and despair tour plays in New Hampshire”, Obama said.

“Our transportation system used to be a source of competitive advantage for our global economy, but today we’re at risk of it becoming an Achilles heel”, Zients told reporters yesterday.

At present prices the proposed tax would likely cost motorists less than $3.00 per 15 gallons put in their tanks, buit is also 25% higher gas at current prices and it will hit the poor and middle classes the most.

The president’s statement came just hours after the latest report by the U.S. Bureau of Labor Statistics confirmed U.S. businesses continued to hire more employees and added 151,000 jobs to the economy last month. “We’ve got numbers that we can consider”, White House press secretary Josh Earnest said earlier this week.

Speaker Paul D. Ryan of Wisconsin and other Republican lawmakers have vowed that the proposal will not become law. Fortunately, President Obama appears to be ahead of this issue, foreseeing that should this happen, it might encourage more consumers to invest both time and money in using less oil or more eco-friendly methods of transportation.

Buoyed by wage-gains and record low unemployment, President Barack Obama underscored on Friday that his administration’s efforts have helped usher in an economic recovery, NBC News reported.

President Barack Obama said Saturday that he’ll ask Congress to double spending on research and development into clean energy by 2020.

The president’s proposal represents exactly the kind of fuel-hike pain he promised to help Americans avoid while campaigning for reelection in 2011.

He blamed it on lingering effects from the recession that began before he took office. That could be, in part, a “hangover” from the trauma of the 2008-09 recession, Obama said. “A lot of people still feel that”.