Hoeven Working to Advance Pro-Growth Policies, Push Back on President Biden's Tax, Spending & Regulatory Agenda
Senator Receives U.S. Chamber Advocate for American Business Award
BISMARCK, N.D. – In a meeting with representatives from the U.S. Chamber of Commerce and the Greater North Dakota Chamber today, Senator John Hoeven outlined his efforts to advance pro-growth policies and push back on the Biden administration’s burdensome tax, spending and regulatory agenda. In particular, the senator stressed the impact that record-high inflation is having on American consumers and businesses. Accordingly, Hoeven is working to bring down prices and support economic security by:
- Empowering greater U.S. domestic energy production to help bring down prices at the pump and reduce the cost of goods throughout the economy.
- Providing regulatory relief, streamlining the permitting process for infrastructure and reducing duplicative and burdensome federal rules.
- Supporting farmers and ranchers to maintain the nation’s access to an affordable, high-quality food supply, including as work begins on the next farm bill.
During the meeting, Hoeven was also presented with the U.S. Chamber of Commerce’s Advocate for American Business Award, previously called the Spirit of Enterprise Award, in recognition of his support for pro-growth, pro-jobs policies. The senator has received the award every year he has been in the Senate.
“The tax, spending and regulatory policies of the Biden administration are taking this nation in the wrong direction, leading to higher prices across the economy, undermining our energy security and bringing us to the brink of recession,” said Hoeven. “North Dakota has demonstrated time and again that, through lower taxes and greater regulatory certainty, we can build a strong economy that stimulates investment and creates good job opportunities, while producing the energy and food our country needs. The federal government needs to take this same approach, and we will continue pushing to do just that.”
Strengthening America’s Energy Security
Hoeven is working to pass legislation he introduced that would take immediate action to increase U.S. energy production. Among other priorities, his bill prohibits any presidential moratoria on new energy leases and requires the administration to hold oil and natural gas lease sales in each state with land available for leasing. The legislation also prohibits drawdowns of the Strategic Petroleum Reserve (SPR) until the Secretary of the Interior issues a plan to increase oil and gas production on federal lands and waters.
Providing Regulatory Relief
Last month, Hoeven helped introduce legislation, sponsored by Senator Shelley Moore Capito (R-W.Va.), to comprehensively reform federal permitting and project reviews. Importantly, the bill helps protect against federal overreach by codifying Trump-era policies like:
- Modernizing and streamlining the National Environmental Policy Act (NEPA) review and permitting process.
- The Navigable Waters Protection Rule’s definition of “waters of the United States” (WOTUS) under the Clean Water Act, ensuring private property rights are protected.
- Rules to prevent states from unreasonably blocking energy projects and those designed to streamline permitting for critical energy projects.
Ensuring Strong Farm Policy
Hoeven recently hosted Senator John Boozman, Ranking Member of the Senate Agriculture Committee, in North Dakota for a discussion with local producers and commodity groups to discuss the following priorities for the next farm bill:
- Maintaining strong crop insurance, the primary risk management tool for many producers.
- Improving the farm safety net, including the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs.
- Strengthening livestock disaster programs, including the Livestock Indemnity Program (LIP), the Livestock Forage Program (LFP) and the Emergency Livestock Assistance Program (ELAP).
- Cutting red-tape and ensuring programs are farmer-friendly.
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