A 10-percent increase in home energy costs could push 840,000 people into poverty, according to a new white paper by two GOP senators.

Republican Sens. Lisa Murkowski (Alaska) and Tim Scott (S.C.) argue that lawmakers should consider the impact of policy changes and federal regulations on the energy expenses incurred by households.

"Too many Americans suffer from energy insecurity; they cannot afford the energy required to heat or cool their homes or secure other basic needs such as refrigeration," Murkowski and Scott argue in the paper, which they will unveil Thursday at a Washington event.

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