On the recordAugust 1, 2013
I want to thank the gentleman for yielding. Mr. Chairman, I support the amendment. I share in my colleague's desire to bring more congressional scrutiny to regulations with high economic impacts, and I know that recent major regulations have hit West Virginia and the gentleman's constituents particularly hard. The Environmental Protection Agency's regulations that affect energy sources and power production are among the most troubling. The $100 million threshold for major regulations in the bill is consistent with definitions that have been used by Presidential administrations of both parties since at least the 1990s. However, regulations with a $50 million impact in today's economy will hit America's job creators and families too hard. This is particularly true of small businesses and the families that depend on them on Main Streets throughout the Nation. As a result, the amendment would make sure that Congress is accountable for regulatory decisions of this magnitude, which impose harm on an economy that can ill afford it. Therefore, I support the gentleman's amendment, and I urge my colleagues to join me in doing so.





