The last time the Clean Air Act was significantly changed was in 1990, nearly 21 years ago, and since that time, a lot of changes have occurred in America. First of all, we find ourselves today with a situation where over 14 million Americans are unable to find work and millions more have given up trying. It appears that the only place where the job situation is good is at Federal regulatory agencies. Employment at Federal regulatory agencies has climbed 13 percent since President Obama took office, while private sector jobs shrank by 5.6 percent. I believe these two divergent trends are related because the breaking pace at which the Environmental Protection Agency is cranking out new regulations is creating obstacles to job creation in America, and also to stimulating the economy. I don't care if you speak to small business people today or large business people today, they will tell you that one of the reasons that they are not investing is because of uncertainty--uncertainty about the health care bill that was passed last year, uncertainty about the financial regulations that are raising capital requirements and making loans more difficult to obtain, but primarily they talk about the excessive regulations coming out of the Environmental Protection Agency.…
On the recordSeptember 22, 2011
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