Tag: Tax Revenue

Daines Statement on Arch Coal’s Announcement to Suspend Efforts to Obtain Otter Creek Mining Permit

U.S. SENATE — Senator Steve Daines today released the following statement in response to Arch Coal, Inc.’s announcement that it will suspend efforts to obtain a mining permit for the Otter Creek coal reserves near Ashland, Montana:  “Arch Coal’s suspension of its pursuit of a permit for the Otter Creek Mine is a devastating loss for Montana’s economy and schools – for jobs, tax revenues and made-in-Montana energy. This decision is an unfortunate repercussion of President Obama’s all-fronts assault on domestic energy production. I’ll continue to do everything I can to support Montana’s coal industry and defend the jobs and livelihoods

Daines Blasts Obama Moratorium on New Coal Leases

WASHINGTON, D.C. — Senator Steve Daines today slammed President Obama’s decision to place a moratorium on new coal leasing on federal lands, which will likely end coal mining in the west and destroy the thousands of good-paying jobs coal supports in Montana.     “This moratorium is almost exclusively focused at destroying Montana and Wyoming coal. It is an unprecedented assault on one of Montana’s most important sources of good paying jobs and tax revenue that will likely shut down coal development in Montana and Wyoming’s Powder River Basin. Rather than forcing his ideology on the American people through executive fiat, President Obama should instead spend his remaining time in office helping America power the