'Fiscal sanity': GOP House budget proposal emphasizes US energy production

FIRST ON FOX: The House Republican Study Committee (RSC), released its annual budget proposal, emphasizing a series of energy policies it said would lower costs and boost the economy.

Rep. Kevin Hern, R-Okla., conducts a news conference outside the U.S. Capitol with House Republicans in November 2021. (Tom Williams/CQ-Roll Call, Inc via Getty Images)

The budget proposal includes a multipronged approach to energy, rolling back environmental regulations, promoting greater oil and gas production, curbing executive agency regulatory powers, cutting so-called "wasteful" programs, reversing some of the Biden administration's climate policies, nullifying vehicle emission rules, and boosting mining production.

Overall, the RSC budget endorses dozens of bills that would help achieve its energy production and regulatory goals. 

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For example, it includes the American Energy First Act, put forth by Majority Leader Steve Scalise, R-La., which would reform the onshore and offshore energy leasing and permitting processes to reduce delays. It also endorses the Energy Permitting Certainty Act and Utah Republican Rep. Blake Moore’s Promoting Energy Independence and Transparency Act, both of which streamline energy project permitting.

Other bills included in the budget would restore the Keystone XL pipeline's permits, support continued operation of the Line 5 pipeline in Michigan, block the creation of the carbon tax and allow states to develop on federal lands within their borders.

President Biden is pictured next to an oil drilling rig in a photo illustration. The Biden administration has repeatedly taken aim at oil and gas production since taking office in early 2021. (Chip Somodevilla/Getty Images | Sergio Flores/Bloomberg via Getty Images)

The budget finally lists a series of clean energy and climate loan programs that the Biden administration has created, which the RSC would seek to defund. And the budget would also curb funding for the Environmental Protection Agency (EPA).

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"The Biden Administration is working to implement the most radical environmental agenda in the history of the country," the RSC budget states. "These regulations will cost jobs, reduce wages and force middle-class Americans to pay higher prices for energy.

"This budget would significantly reduce the EPA’s funding, rolls back the regulatory excess of the Biden Administration, and returns the agency to its much more limited original purpose," it adds. "This will save the taxpayers billions of dollars per year while significantly reducing wage-lowering regulations."

While the RSC budget provides a conservative counter to President Joe Biden's recently-unveiled budget, it remains unclear the extent to which its proposed policies will be adopted in future spending packages.

Thomas Catenacci is a politics writer for Fox News Digital.

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https://www.foxnews.com/politics/top-house-gop-groups-2025-budget-proposal-emphasizes-us-energy-production