Mr. Chairman, I move to strike the last word. We all understand that our economy is struggling, that millions of Americans can't find a job, that too many families are struggling to make ends meet, and that the American people are very…
Mr. Chairman, I move to strike the last word.
We all understand that our economy is struggling, that millions of Americans can't find a job, that too many families are struggling to make ends meet, and that the American people are very frustrated that Washington is simply not doing enough to get our economy moving. I would argue that not only is Washington not doing enough to get our economy moving but it is actually harming the efforts of American innovators, of manufacturers, of small businesses, of the job creators because of government over-regulation.
The fact is today that the Obama administration has publicly listed almost 220 new regulations just this year alone, a 15-percent increase in one year alone, of new regulatory actions under consideration. Each one of them is estimated to cost at least $100 million, if you can imagine.
Mr. Chairman, the bill that is currently under consideration would provide relief from some of the new EPA regulations that would cost American job creators more than $14 billion and threaten over 230,000 jobs. In my home State of Michigan, this government over-regulation would cost nearly $800 million and put nearly 13,000 jobs at risk. In my home State of Michigan, we are on our knees economically, and we cannot tolerate this anymore. It has to be stopped.
At home, I have talked to so many businesspeople, from small family businesses to major corporations, et cetera; and the message from all of them is always the same: that government over- regulation is absolutely killing their efforts to grow and to create jobs.
I'll give you one example. There's a company in Port Huron, Michigan, in my congressional district, called Domtar. Port Huron has been hit particularly hard. Current estimates are that the unemployment rate is approaching 20 percent, if you can imagine that. It's unbelievable how bad it is there at this time. Domtar is a paper company. It currently employs 245 people. It generates between $8 million and $12 million in revenue annually.
I talked to them about this regulation under consideration today, and they estimate that this regulation today would cost them $9 million to scrub the coal that they use to operate their boilers or would cost $3 million to $4 million to convert to natural gas and have an additional annual cost of $3 million to $4 million a year just to stay compliant. They estimate that these costs would likely force the company to shut down two of their four paper machines and, of course, force a reduction in jobs, Mr. Chairman. This company, this community, this Nation cannot handle that kind of loss in additional jobs that this regulation would force.
It seems today that the three most feared letters to American job creators, where it used to be IRS, today those letters are EPA. It's no longer the IRS. It's the EPA. And why is that?
On April 30 of 2010, the EPA issued a statement on a study of the impact of one of their proposed regulations. This is what they said:
``The regulatory impact assessment does not include either a qualitative or quantitative estimation of the potential effects of the proposed rule on economic productivity, economic growth, employment, job creation or international economic competitiveness.''
In other words, they don't care what their regulations have to do with job creation, much less with stifling and killing job creation in this country. This is what our own government is doing to our job creators, and this is from an administration that claims that job creation is its number one priority.
Are you kidding? You've got to be kidding.
We have to stop all of this government overregulation that is killing jobs. Certainly, House Republicans have been trying to lift the boot of Big Government off the necks--off the throats--of job creators and of workers who are looking for a job.
We've heard repeatedly from this President about the need to invest in transportation and infrastructure. At the same time, this President and this administration are talking about how infrastructure is such an economic lifeblood for our economy, which I agree with and which, I think, House Republicans agree with. But at the same time the President is saying we've got to invest in infrastructure--in fixing roads--his administration is moving forward on this regulation that we are talking about today that would put large segments of the American cement plants in this country out of business.
I would tell the President that it's very hard to have infrastructure investment to build roads if you don't have any concrete, if you don't have any cement.
I would say, Mr. Chairman, I speak against this amendment, but I speak in favor of the underlying bill. I would call on my colleagues to pass this bill now.
Pass this bill. Let's get America moving again.
I yield back the balance of my time.