McCarthy Statement on House Passage of the EPA Regulatory Relief Act
Washington D.C. – Congressman Kevin McCarthy released the following statement regarding House passage of the EPA Regulatory Relief Act (H.R. 2250):
"The House Republican jobs agenda is focused on removing the uncertainty hampering small businesses through policies that promote private sector growth. Small businesses and entrepreneurial start-ups are the engine of job creation in America, and Washington should not be working to make it more costly and more difficult for them to do business. Every year regulations sap an estimated $1.75 trillion from the private sector, costing businesses more than $10,000 per employee. These costs stifle innovation and growth by diverting much-needed capital out of the economy and straight to Washington, and make it more difficult for American businesses to compete with global competitors.
"Regulations such as the Boiler MACT could raise compliance costs, take away billions of dollars in capital annually and put hundreds of thousands of jobs at risk. It is essential that we reform this regulation in order to protect the quality of our environment, but also prevent overburdening small businesses with new compliance costs. House Republicans will continue our efforts in the weeks and months to come and we encourage the President and Senate Democrats to join us in putting job creation first."