Congress Must Take Action to Block EPA’s Economically Destructive Cap-and-Tax Policies
WASHINGTON, DC – Energy and Commerce Committee Chairman Fred Upton (R-MI) issued the following statement in response to today’s ruling by the U.S. Court of Appeals for the D.C. Circuit on EPA’s regulation of greenhouse gases.
“While some in Washington may claim today’s court ruling is a win for the Obama administration, it delivers a devastating blow to the U.S. economy and American consumers. After enduring 40 consecutive months of higher than eight percent unemployment, we cannot afford the EPA’s continued expansion of red tape that is slowing economic growth and threatening to entangle millions of small businesses. EPA’s rules will impose billions of dollars in compliance and delay costs and represent an unprecedented expansion of EPA authority that has the potential to affect virtually every sector of the economy and touch every household. We have a legislative solution that stands up for American workers. The House passed my bill, H.R. 910, to stop this power-grab by the Obama administration and block EPA’s cap-and-trade agenda that threatens to drive energy prices higher, destroy jobs, and hamstring our economic recovery.
“The Obama administration is attempting to regulate greenhouse gases in the absence of legislation. Congress and the American people rejected cap-and-trade legislation, but unelected bureaucrats at the EPA are pushing through harmful regulations that will serve as a massive energy tax on American businesses and families. H.R. 910 will reassert Congress’ authority to direct public policy and will protect Americans from EPA’s overreach.”