On the recordMarch 6, 2012
I thank the gentleman for yielding. Please put that poster back up again. That, I think, real-life example demonstrates why America is so fed up with what happens in Washington, DC. Here is a project that is affordable at $20,000, and so somebody wants to take that opportunity to perhaps make some money-- there's nothing wrong with that in our country--and you find out that the cost of regulation is 2\1/2\ times what the project is. Now, what certainty does that send to the marketplace that we want to do business? That is absolutely incredible. And its environmental permitting costs here, in this particular example, which, of course, are exemplified by what? NEPA. And this amendment would take the waiver of NEPA out of the equation. In other words, under the bill that you have authored--correct me if I am wrong--that red dot, that red slice there would be dramatically, dramatically reduced; is that correct?
