WASHINGTON – House Republican Conference Chairman Jeb Hensarling (R-Texas) issued the following statement today regarding H.R. 2401, the Transparency in Regulatory Analysis on Impacts on the Nation (TRAIN) Act, to assess the impact of certain environmental regulations on American energy, manufacturing, and job creation. The bill will halt the implementation of two expensive and controversial EPA programs—the Utility MACT Rule and the Clean Air Transport Rule—until their impact on the economy is fully understood.
“Job creators across America are hamstrung by the reckless red tape that comes from Washington but is not always recognized by Washington. This bill will force the federal government to finally and thoroughly review the impact that many environmental regulations have on the ability of our private businesses and manufacturers to grow and create jobs.
“Overbearing regulations not only pose a risk to the prosperity of American companies but also the competitiveness of our nation on the global stage. In many cases, our job creators are tied down by red tape that other countries don’t have to deal with. With this bill, two new regulations that would otherwise kill jobs and cost up to $17.8 billion annually will be halted until further review.
“House Republicans share the frustration of job creators who desperately need the federal government to get out of their way in order for them to put Americans back to work. Many environmental regulations rank among Washington’s worst economic confidence-killers by weighing down our private sector with excessive costs, needless paperwork, and grueling standards that result in less growth and fewer jobs.
“The triple threat of out-of-control spending, new taxation, and over-regulation has frozen job creation for far too long. House Republicans are pushing back by pushing our Plan for America’s Job Creators to empower the private sector with the freedom and confidence it needs to grow again.”