On the recordApril 6, 2011
This is an interesting amendment. This is an amendment to a bill to study the cost of regulations that if this bill goes through, regulations won't exist. I don't get it, but okay. We don't need another study. We need jobs. I come from the 11th Congressional District in Illinois. We have high unemployment. Where I come from is an industry base, a manufacturing base. Americans are hurting. We have high unemployment. Statistics show that jobs are leaving at a record pace. There is no longer any question about whether the EPA's climate change regulations would actually hurt international competitiveness and affect American companies. We already know they would. We already know that. I talked to a factory in my district that said when cap-and- trade was going to be passed, or this de facto cap-and-trade that's being looked at, if that passes, that will definitely result in them leaving. There's no benefit. It's a higher cost of doing business. It makes us uncompetitive in the free world, especially in areas affected where we have an ability to trade with other countries. Now here's the very interesting part about that, though. We're concerned about the environment, and we're very concerned about the environment. When you add cost to doing business in a country that already well regulates what is put out of an industry's smokestack and you add cost to that, you drive those businesses overseas into areas where they have far less environmental regulation.…





