Henry Waxman actually said...

It was caused by too little oversight and regulation, not too much.

This regulation is a win-win. Not only does it cut pollution responsible for climate change, it saves 1.8 billion barrels of oil.

We need to remember that federal regulations also play a vital role in growing our economy and protecting our health and environment.

In contrast, the Republican plan to eliminate safeguards vital to the welfare of Americans makes absolutely no sense at all.