Tuesday, May 17, 2022

Raja Update 5/17

 

Dear Friend,

We hope all is well with you and your family, and that you are safe and healthy.

This week, Congressman Raja joined CNN host Laura Coates to discuss meat companies skirting regulations, putting workers at risk, and price gouging consumers. Laura asked the Congressman to explain the extent of this deception on behalf of massive players in the meat industry. The Congressman replied, "Basically what happened was - the meat industry claimed there was a shortage of meat for domestic consumption, but at the same time the CEOs of these companies were saying that there was more than enough meat to export to other countries. Of course, those two statements can't be reconciled very well. Meat industry executives also knew that there was a huge risk of outbreak and infections in their factories. Secondly, the USDA knew about this as well and they turned a blind eye." 

The publication 'Tax Notes' reported on the letter written by Congressman Raja asking how much in taxes ExxonMobil Corp. and Chevron Corp. avoided due to each of the fourteen tax provisions available to oil and gas companies. Tax Notes reporters noted that "Krishnamoorthi, who sits on the House Oversight and Reform Committee, said he wanted to know how much each company benefited from industry tax breaks valued at $12 billion or more per year. He noted that with gas prices above $4 a gallon in much of the country, both companies saw much higher profits than they had in 2019, the last full year before the pandemic." In his letter requesting information from the U.S. Energy Information Administration, Congressman Raja wrote that "Federal tax preferences for fossil fuel companies currently cost the federal government billions of dollars in lost revenue annually, and with oil prices at near historic highs - and oil companies reporting historic profits - it begs the question: what are we getting for our money?" 

The Congressman's work to fight against vaping and e-cigarette consumption by teens continues this week, as FOX17 reports on congressional efforts to close a known "loophole" keeping youth-targeted e-cigarette flavors on the market. Congressman Raja told reporters, "My first son is in high school, and the first week of his high school experience, he was approached dozens of times to start vaping... So this is both a professional and a personal issue for me."

We will continue to bring you news about Congressman Raja Krishnamoorthi's work in D.C. and Illinois.
 
Please visit rajaforcongress.com for more updates as well.

Team Raja

Paid for by Friends of Raja for Congress

Raja for Congress
PO Box 681202
Schaumburg, IL 60168
United States

No comments: