Energy Freedom and Economic Prosperity Act

Washington should not be using taxpayer money to pick winners and losers in the energy industry.  Consumer-driven, free-market competition provides a much better way to ensure Americans have access to reliable, affordable energy.   The Energy Freedom and Economic Prosperity Act would level the playing field for all energy producers. As a result, these producers will have to compete for consumer dollars rather than political favors by phasing out all technology specific energy subsidies, by reducing corporate dependence on Washington handouts, and by offseting any net tax increase with a reduction in the corporate tax rate.

Representative Mike Pompeo is the sponsor of this proposal in the House