Political Quotes

“I thank the ranking member for yielding the time. Mr. Chairman, I rise in opposition to H.R. 185, the Regulatory Accountability Act of 2015, a bill that puts us all in danger by making it harder for Federal regulators to do their job. This bill would delay regulations that prevent big banks from gambling with our economy. Just as seriously, it would weaken the implementation of laws such as the Endangered Species Act, the Clean Air Act, and the Clean Water Act that protect our environment, natural resources, and the public health of the American people. Supporters of this bill tell us that regulations impose huge costs and prevent economic growth. As other speakers have noted, these claims are not just untrue, they are fabrications. Choosing not to regulate polluting industries doesn't save taxpayers money. When we fail to prevent pollution, we impose more costs on the public. Allowing unchecked emissions from coal-fired power plants, for example, would mean more mercury and smog polluting our air and water, causing respiratory ailments and premature death. To see what happens when a government chooses to allow polluters to have their way, one need only to look at China. By burning coal without adequate air quality regulations, China caused an additional 670,000 deaths in 2012 alone, this according to a recent study by the National Resources Defense Council. The failure to regulate is causing a massive drag at this time on the Chinese economy.…”