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tv   Democratic Weekly Address  CSPAN  May 27, 2018 3:06am-3:14am EDT

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>> c-span, where history unfolds daily. in 1979 c-span was created as a public service by america's cable television companies. today, we continue to bring you unfiltered coverage of congress, the white house, the supreme court, and public policy events in washington dc and around the country. c-span is brought to you by your cable or satellite provider. this week the white house did not release a weekly address. massachusetts delivered the democratic weekly address, discussing gas prices.
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>> hello, i am senator ed markey of massachusetts. as we head into memorial day weekend in the summer driving season, american families are facing gas prices that are up nearly 25% since president donald trump took office. that means american consumers year tong $350 more per fill up their gas tanks since president trump took office. that is a result of the misguided policies of president trump and the republicans in congress. year to his incoherent foreign policy is contributing to rising oil prices by heightening tensions in the middle east and other spots around the world. his decision to a draw the united states from the iran deal is now hurting oil markets. because of these actions, gas prices could keep going further and the american
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family is going to pay the price. americans, this will completely wipe out any tax benefits from the recently passed gop tax plan. donald trump having his name on things. associated with higher gas prices for all american families. but while the consumer is going to get tipped upside down at the pump, big oil is going to benefit from $25 billion in tax cuts this year alone. on top of the $8 billion
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per year they already get in permanent tax breaks and free drilling loopholes. how are the oil companies spending this gop windfall? back tens ofng billions of dollars worth of their own stock, pumping up their own profits rather than helping consumers at the pump. big oil is projected to earn 500 ilion dollars in revenue over the next 20 years, because they can charge more for their oil overseas than they can charge here in the united states. of keeping oil here to benefit american families and ensure our energy security, we are sending it overseas to benefit foreign nations like china. nearly 2.5exporting million barrels a day of american crude oil, even while
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we still important that exact same amount from opec in the middle east. that makes no sense. in a response to these oil opec, russia, and other nations are polluting to cut production by equal amount to keep their prices high. but president trump is doing nothing to hold opec in russia accountable. senate democrats are calling on him to immediately begin tootiations to put an end the manipulation of oil markets that is harming american consumers. finally, at the behest of big oil and big auto, the trump wants to throw out our historic emissions standards of 54.5 miles per gallon.
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these standards are projected to save american consumers more than $1 trillion and reduce our reliance on foreign oil, but president trump wants to put us in reverse and undermine this money-saving program for american families. says his agenda is america first, but the policies that he and republicans are pursuing are putting big oil, opec, russia, china first, and the american consumer last. it is time for that to end. thank you for this opportunity to speak with you, and god bless america. >> this past week former governor chris christie sent down with david axelrod to discuss the trump presidency and the state of politics. that conversation aristocrat 6:35 eastern here on c-span. later this evening our road to the white house coverage includes a stop in new
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hampshire, where congressman tim ryan recently addressed a group of democrats and an annual dinner. watch that tonight on c-span. >> commencement speeches all this week in primetime. winfrey, steve scalise, ron rosenstein. wednesday at 8:00 eastern, hillary clinton, rex tillerson, james mattis, and canadian prime minister justin trudeau. thursday at 8:00 eastern, tim kasich,vernor john governor kate brown, and congressman elise gutierrez. carter, betsymy devos, mark meadows, and the
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atlanta mayor. primetime.n >> education secretary betsy devos was on capitol hill to testify on the department's agenda. she spoke about school safety measures in response to recent school shootings. this portion of a hearing is just under 2.5 hours.

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