House Majority Leader Eric Cantor says EPA’s anti-growth, anti-jobs policies contributed to S&P’s downgrade of US creditworthiness in a Washington Post op-ed.
Cantor wrote:
In fact, the Obama administration’s anti-business, hyper-regulatory, pro-tax agenda has fueled economic uncertainty and sent the message from the administration that “we want to make it harder to create jobs.” There is no other conclusion for policies such as the new Environmental Protection Agency regulations, including the “Transport Rule,” which could eliminate thousands of jobs, or the ozone regulation that would cost upward of $1 trillion and millions of jobs in the construction industry over the next decade. The administration’s new maximum achievable control technology standards for cement are expected to affect nearly 100 cement plants, setting over-the-top requirements resulting in increased costs and possibly thousands of jobs being offshored… Such behavior… has resulted in a lag in growth that has added to the debt crisis, contributing to our nation’s credit downgrade…
That is why this fall the Republican Party will pursue a legislative agenda that boosts economic growth through reducing the regulatory and tax burden. We will make sure that Washington policies are less restrictive to businesses small and large. Our goals include… overturning the EPA’s proposed regulations that inhibit jobs in areas as varied as cement and farm dust.
Just imagine – Had the debt limit NOT been raised, the US’s credit rating would have been downgraded – just like it was in any event – and the EPA (along with virtually every other non-producing, highly negative Federal agency) would have been largely shut down, and MULTIPLE future generations of Americans wouldn’t be fated to be born into financial slavery.
Just imagine.
It seems that with Obama’s re-election in doubt, the hippies (all types of lefty’s) are now in high gear to complete the destruction of America, and the enslavement of it’s citizens before they are butt kicked out of office.
The republicans cannot be trusted to do anything real about the EPA or the size of government. They have a long history of proving that when it comes to reining in government, they are no different than the commies, oops I mean the marxists, oops I mean the fascists, oops I mean the nazis, oops I mean the democrats.
“That is why this fall the Republican Party will pursue a legislative agenda that boosts economic growth through reducing the regulatory and tax burden”. This is what it will take as EPA is following the dictates of the CAA as amended by President Bush (Sr.) way back in 1990. The problem is that EPA took so long thru a botched and jumbled rule building process and judicial mine field that now all these regulations are hitting all at once in the Obama Administration. Add to this that combustion and air pollution control technology is far more advanced today than it was 20 years ago, so now we have hyper-MACT limits (i.e., the limits would have been lower if the rule was properly promulgated years ago as it was supposed to have been). Add in the recent economic woes and it’s a perfect storm scenario. But let it be known that it is Congress who made this mess back in 1990 with NESHAP, Acid Rain and Ozone Transport legislation. And it is Congress who has utterly failed to oversee EPA’s actions and hold EPA to task on its wild benefits claims. EPA is guilty of stretching health threshold claims and benefits. Only Congress can cleanly stop or at least delay all this. The only other option is delay by court action. But this would mean lingering uncertainty.