Committee Approves Legislation to Study Cumulative Economic Costs and Consequences of EPA's Biggest Rules
07.12.2011
WASHINGTON, DC - The House Energy and Commerce Committee today approved legislation calling for a comprehensive review of proposed and recently issued regulations that have the potential to impose tens of billions in compliance costs, eliminate hundreds of thousands of jobs, drive up the price of energy, and reduce U.S. competitiveness in an increasingly global economy.
H.R. 2401, the Transparency in Regulatory Analysis of Impacts on the Nation Act, or TRAIN Act, passed the committee with bipartisan support by a vote of 33 to 13. The TRAIN Act, introduced...