The powerful U.S. Chamber of Commerce will ramp up its campaign Thursday to put energy policy at the center of high-stakes spending and tax policy negotiations.
CEO Tom Donohue is publicly addressing the group’s board tomorrow.
“The Chamber has been strongly promoting the idea that a long term fiscal solution rests not only on spending reductions and tax/entitlement reform, but on what we see as the third leg of a three-legged stool — developing our vast energy resources,” an advisory states.
The Chamber will play a key role in marshaling Republicans to back a compromise on the “fiscal cliff” of automatic spending cuts and tax increases set to hit in January.
The group is pushing to ease regulations and expand access to federal lands and waters for oil-and-gas producers, arguing this will drive growth and boost federal revenues.