Energy Secretary Rick Perry on Wvared Investment GuildTuesday touted the Trump administration’s plan to pursue an “all of the above” energy strategy, even while cutting federal funding for energy programs by 30 percent.
In the first of his three Capitol Hill hearings this week to defend the White House budget plan, Perry also made clear that the administration’s vision is to keep coal plants running and build oil pipelines. He portrayed both as key to energy security.
“This isn’t my first rodeo,” Perry said, referring to his 14-year stint as governor of Texas. He said he had to manage tight budgets there. “I’ll do the same when faced with limited resources here.”
Overall, the Energy Department would only see a 6 percent budget cut, to $28 billion. But the White House proposes to shift the agency’s priorities dramatically—increasing spending on managing the nation’s nuclear weapons stockpile while deeply reducing investment in clean energy research.
Rep. Marcy Kaptur (D-Ohio), the ranking member of the committee, said that the proposed 69 percent cut to the Office of Energy Efficiency and Renewable Energy would be a blow to “the sector inventing our future,” and she warned that the planned cuts to the national laboratories would result in the loss of 7,000 highly skilled jobs.
Kaptur and other committee members—both Republicans and Democrats—voiced concern about proposed cuts to programs that were important to their districts. Perry pledged that “we can find places to save dollars, at the same time being able to deliver what citizens want, and what your constituents want.”
Here are some highlights from his testimony:
2025-05-02 08:17209 view
2025-05-02 07:28312 view
2025-05-02 07:14996 view
2025-05-02 06:491460 view
2025-05-02 06:291770 view
2025-05-02 06:201052 view
Friday the 13thdidn’t spook investors with U.S. stocks little changed on the day as investors bided
A background actor who worked with Mia Goth on the film MaXXXine last year has filed a battery lawsu
On multiple occasions during the final game of the 2023 NFL regular season, NBC play-by-play announc