by Ricardo Whitaker
In a telephone press conference today organized by the Coalition for Sensible Safeguards, Rep. Elijah Cummings (MD 7th) said of the Republican sponsored Red Tape Reduction Act (HR 4078) that comes before the U.S. Congress this week, "This bill does not make any sense."
The bill holds the line on new regulations until after unemployment drops below 6 percent. It calls for the President to waive the restriction as necessary.
"This is purely politics," Mr. Cummings said. They [the Republicans] are far, far, far to the right. I think we have to be very, very careful here. We have a duty in Congress to guard our way of life."
Mr. Cummings is the ranking member of the Oversight and Government Reform Committee. He said, I just can't see us [Democrats] supporting any of this. This effort is not balanced. They don't deal with benefits at all. In our committee we have to deal with costs and benefits analyses."
Rep. Henry Waxman (D-CA) and Rep. Ed Markey (D-MA) also attended the press conference.
When asked by Guilford Gazette whether the Democrats had an alternate proposal to scale down regulations, but keep protections in place, Mr. Waxman replied that there is presently a system in place to carefully review each proposed regulation and perform a cost / benefit analysis prior to submitting bills for consideration.
He went on to blast Republicans. He said, "The Republican approach is to say all regulations are bad. Even the big companies are not as bad as the Republican Party."