US Rep. Frank Guinta statement on today House passage of jobs bill, the TRAIN Act

GUINTA VOTES FOR JOBS BILL: THE TRANSPARENCY IN REGULATORY ANALYSIS

OF IMPACTS ON THE NATION (TRAIN) ACT

 

(Washington – September 23, 2011)    Rep. Frank Guinta (R, NH-01) proudly stood alongside job creators on Friday by voting for H.R. 2401, The Transparency in Regulatory Analysis of Impacts on the Nation (TRAIN) Act.  This jobs bill was approved in a bipartisan 249-169 vote and now goes to the U.S. Senate for consideration.  Rep. Guinta released this statement:

“Overzealous federal regulation is choking small business owners in New Hampshire and all over America.  And that is suffocating job creation.  This legislation stops the bureaucrats who are imposing these job-killing restrictions and causing a negative fiscal impact.  It keeps Washington in line by exposing the economic impact caused by its actions.  This bill is another step toward freeing job creators from government’s regulatory grip, releasing them to return the good, middle-class jobs that so many Granite Staters need.”

Background:  The EPA has proposed regulation after regulation that would stifle job creation, hurt American economic competitiveness abroad, and increase energy prices on families already strained by the tough economy.  House Republicans are focused on removing these barriers to job creation and implementing needed reforms like the TRAIN Act.

The EPA is tightening many eco-regulations in an attempt to close some energy production facilities.  That would result in higher unemployment and higher energy prices for consumers.   This bill establishes an interagency committee to evaluate the economic impacts of EPA regulations and delays the final date for the Utility MACT and CSAPR rules until the full impact has been studied.  The Utility MACT will establish power plants emission standards; the CSAPR (Cross-State Air Pollution Rule) will establish statewide caps for those emissions.