• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

EXCLUSIVE: Trump warns major Dem against move that could cost voters trillions

by February 25, 2025
written by February 25, 2025

President Donald Trump’s White House is warning that a key Democrat’s move to end the president’s energy national emergency would kill hundreds of jobs and cost $3.6 trillion in higher prices and lost energy output. 

‘Tim Kaine wants to impoverish Americans. President Donald Trump’s executive order brings America into the future and unleashes prosperity. Senator [Tim] Kaine wants to cost the economy trillions and risk losing nearly a million jobs,’ said deputy press secretary Anna Kelly in an exclusive statement to Fox News Digital. 

The White House’s statement is in response to Sen. Tim Kaine, D-Va., and ranking member of the Senate Energy and Natural Resources Committee Martin Heinrich, D-N.M., filing a joint resolution to end Trump’s energy national emergency and teeing up a vote on the Senate floor this week.

Ending the energy emergency would lead to the loss of 869,800 jobs, according to a White House document obtained by Fox News Digital. 

The White House emphasized that ending the emergency would usher back in the Biden administration’s policies. The document stressed that under those policies, during Biden’s first two years, families spent an additional average of $10,000 in energy costs, citing a study published by the Committee to Unleash Prosperity. 

The document cited that estimates of liquefied natural gas growth in the new administration were projected to bring in half a million jobs annually and boost U.S. GDP by $1.3 trillion through 2040, per a study by S&P Global in December. 

‘The Trump Administration is living in a fantasy land,’ Kaine and Heinrich told Fox News Digital in a joint statement. ‘Energy demand is high and only getting higher, which is why it’s great that America is producing more energy than at any other point in our history. Decreasing the supply of American-made energy when demand is high is the quickest way to raise prices—and that’s exactly what President Trump’s sham energy emergency will do. By tampering with the market to favor some forms of energy over others and making it easier for fossil fuel companies to take Americans’ private property, Trump’s emergency declaration will benefit Big Oil, but leave American consumers with fewer choices and higher bills.’

‘At the same time, Trump’s decision to illegally halt investments appropriated by Congress in energy projects that are creating jobs in communities across the country is costing Americans valuable, good-paying jobs,’ they added. 

The two Democrats unveiled their privileged legislation against Trump’s order earlier this month.

‘Senate Democrats are yet again attempting to block President Trump’s efforts to secure cheaper, more reliable energy—just when America needs it most,’ Senate Committee on Energy and Natural Resources Chairman Mike Lee, R-Utah, said in a statement to Fox News Digital.

‘Their message to families is clear: pay more, expect less. Luckily, President Trump is committed to unleashing American energy and rescuing the country from the energy crisis that they have perpetuated. Senate Republicans won’t let Democrats delay and obstruct any longer and will ensure the President has the tools necessary to deliver the results the American people expect.’

Kaine and Heinrich’s introduction of the resolution will force a vote on the Senate floor, which is expected to occur on Wednesday. 

The measure is likely to fail, with Republicans vocally supportive of Trump’s energy agenda. The GOP has a 53-seat majority in the upper chamber.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Deciphering Donald Trump: How his rhetoric sends different messages
next post
Deadline for Musk’s ultimatum to federal workers hits, but consequences remain vague

related articles

Department of Justice opens criminal investigation into NY...

May 9, 2025

Trump’s first vice president urges his old boss...

May 9, 2025

White House highlights over $2B in savings from...

May 8, 2025

GOP talk on millionaire tax hike ‘makes no...

May 8, 2025

GOP senators: Congress should vote on Trump’s potential...

May 8, 2025

Trump considers tax hike on Americans making $2.5...

May 8, 2025

Chief Justice Roberts doubles down on defense of...

May 8, 2025

Trump pulls his nomination for DC US attorney,...

May 8, 2025

Trump touts ‘rebuilding and modernization’ of US air...

May 8, 2025

Trump targets Iranian oil with sanctions, increasing pressure...

May 8, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Lockheed Martin surpasses Q2 earnings estimates amid high demand for defense solutions

    July 23, 2024
  • Trump picks Billy Long to head IRS, Kelly Loeffler to lead SBA and Frank Bisignano to lead SSA

    December 5, 2024
  • Long OTIS: Otis Worldwide Corp Near Breakout, Enter Trade During Consolidation Phase

    July 23, 2024
  • Republicans to huddle behind closed doors to elect McConnell’s successor Wednesday

    November 13, 2024
  • Stellantis laying off 2,450 plant workers due to discontinuation of Ram ‘Classic’ pickup truck

    August 10, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,433)
  • Investing (593)
  • Stock (735)

Latest Posts

  • Meet CrowdStrike, the company at the heart of the global tech outage

    July 20, 2024
  • Harris and Walz trade fire with Trump and Vance at dueling events in battleground states fight

    August 8, 2024
  • Rush orders, cut costs, crossed fingers: How small businesses are preparing for tariffs

    December 2, 2024

Recent Posts

  • Harris world blame game begins after crushing loss to Trump

    November 6, 2024
  • Tech Regulations: The EU regulates, the US steps back

    October 8, 2024
  • Trump health secretary nominee RFK Jr survives heated hearings ahead of crucial confirmation votes

    January 31, 2025

Editor’s Pick

  • White House rips alleged Pentagon leakers’ ‘shattered egos,’ brushes off Hegseth second Signal chat report

    April 21, 2025
  • EURGBP and EURCHF: EURCHF fell at a new all-time low

    August 5, 2024
  • EURUSD and GBPUSD: New week, new targets and prices

    October 7, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock