• 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

The new map that could be guiding Trump’s...

June 20, 2025

‘No basis in reality’: Expert turns tables on...

June 20, 2025

Trump’s unpredictable Middle East moves actually follow a...

June 20, 2025

Iran talks with Europeans set for Friday; White...

June 20, 2025

Kurilla warfare: Meet the general leading US military...

June 19, 2025

US Ambassador to Israel Mike Huckabee indicates US...

June 19, 2025

US troops in the Middle East could face...

June 19, 2025

Mystery flights from China to Iran raise questions...

June 19, 2025

Israel’s ‘resounding’ military campaign against Iran could be...

June 19, 2025

Trump to make Iran decision ‘within the next...

June 19, 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

  • Who is Kash Patel? Trump’s pick to lead the FBI has long history vowing to bust up ‘deep state’

    December 1, 2024
  • EURGBP and EURCHF: EURGBP down on Monday to 1.84150

    July 22, 2024
  • ApeCoin and Akita Inu: Daily Overview of Prices and Targets

    October 3, 2024
  • Leader Thune backs Senate GOP bid to speed past House on Trump budget plan

    February 6, 2025
  • Bondi claps back at Hirono amid questions about political prosecutions: ‘Refused to meet with me’

    January 15, 2025

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

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

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,008)
  • Investing (634)
  • Stock (809)

Latest Posts

  • SafeMoon and Litecoin: Litecoin falls to a two-week low

    August 28, 2024
  • Trump admin to pause grants, federal financial assistance programs following executive orders

    January 28, 2025
  • Zelenskyy says Trump could be ‘decisive’ in bringing an end to the war

    January 3, 2025

Recent Posts

  • Trump says China agrees to ‘fully’ open country’s markets to US businesses

    May 12, 2025
  • Starbucks CEO is out after just over a year, replaced by Chipotle’s CEO

    August 14, 2024
  • American Bar Association blasts Bondi’s decision to block it from judicial nominations: ‘Deeply disturbing’

    June 11, 2025

Editor’s Pick

  • Israel hits the ‘heart’ of Iran’s nuclear program in Natanz facility strike

    June 13, 2025
  • Lineage’s Nasdaq debut sees 5% rise, raising $4.4 billion amid aggressive growth strategy

    July 25, 2024
  • State Dept pulls millions in funding for ‘condoms in Gaza,’ as Trump admin looks to trim spending

    January 28, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

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