Yesterday, several industry and agriculture groups sent a letter to both the House and Senate, urging members to support the adoption of measures within the FY2012 Appropriations package to curb overregulation and reduce spending.
The groups asked specifically for seven sections, already included in the FY2012 Interior, Environment and Related Agencies Appropriations bill, to be adopted into a final Appropriations bill. All seven sections, if included, would reduce the financial burden manufacturers and other producers in our economy face from new and expanded federal regulations.
The letter focused specifically on costly and overly burdensome actions taken by the Environmental Protection Agency (EPA) over the last few years. It has become more and more apparent that the recent EPA rulemakings are grossly out of line with the economic recovery of the United States.
Measures such as the regulation of Greenhouse Gases (GHGs) from stationary sources will cost businesses billions of dollars in compliance cost without substantial environmental advantages. In addition to regulations currently in process, both businesses and individuals should be alarmed by the slow but steady attempts to expand the authority and jurisdiction of agencies, for instance the broadening of “waters of the US” definition which could place things like farm ponds and drainage ditches under the regulatory jurisdiction of the EPA.
These and other regulatory actions, many taken by the EPA specifically, are impeding our economic recovery as business capital goes towards compliance costs rather than reinvestment and expansion projects.
The recent agency aversion to common sense regulation, that will promote economic growth as well as ensure community and environmental progress, has necessitated legislative intervention.
The NAM and all the other letter signatories are hopeful that Members of Congress will include the specified sections in any comprehensive Appropriations package, in order to foster an environment conducive to our economic recovery.
Chip Yost is vice president for energy and resources policy, National Association of Manufacturers.
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