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We Cannot Regulate Our Way to Job Creation


Location: Washington, DC

Today, U.S. Representative Jim Renacci (OH-16) voted in favor of H.R. 2401, the Transparency in Regulatory Analysis of Impacts on the Nation Act -- or TRAIN Act -- of 2011.

"We all want clean air and clean water," said Rep. Renacci. "However, for the last several years the EPA has attempted to subvert the will of the American people and Congress by implementing unnecessary, burdensome and costly regulations our job creators. The TRAIN Act -- of which I was a co-sponsor --instructs the Administration to take into account the economic impact of future regulations before they attempt to implement them. One thing is very clear: we cannot regulate our way to job creation. Therefore, new EPA rules must be looked at closely to determine their economic impact before moving forward."

The bill would require the establishment of the "Committee for the Cumulative Analysis of Regulations that Impact Energy and Manufacturing in the United States." The Committee would be charged with analyzing the impacts certain proposed EPA regulations may have on the competitiveness of American companies internationally and on the costs these additional regulations may impose on our job creators.

Rep. Renacci is serving his first term in the U.S. House of Representatives, where he is a member of the Financial Services Committee. Prior to his election he worked as a Certified Public Accountant in the health care industry, and owned and operated over 60 other businesses in the automotive and sports management fields.

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