Leader Cantor Statement on President's Withdrawal of Ozone Regulations

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WASHINGTON, D.C. – House Majority Leader Eric Cantor (R-VA) today issued the following statement regarding President Obama’s move to withdraw the EPA’s proposed ozone standards:

“As we announced on Monday, the House is moving forward with an aggressive pro-growth agenda to remove onerous regulations that make it harder for businesses in this country to grow and create jobs. I applaud the President’s move today to withdraw the EPA’s proposed ozone regulations, dispensing with one of the most harmful regulations we identified in conjunction with our committee chairmen. This is a step in the right direction. According to EPA’s own estimates, this particular regulation would have a price tag of up to $90 billion, making it the most expensive environmental regulation ever imposed. On top of that, the Manufacturers Alliance estimated that it would cost 7.3 million jobs by 2020.

“With a stalled economy and millions of Americans out of work, we cannot afford any sort of costly regulation that would destroy jobs and hamstring growth. House Republicans will continue our efforts to make sure the remaining regulations do not go into effect. The Administration still has six regulations with a cost of over $1 billion pending and 218 with costs of over $100 million pending, all of which are adding to the economic uncertainty. I am hopeful the President will work with us to remove these barriers to growth and move forward on other common sense legislation to allow businesses to begin hiring again and people to get back to work.”

On Monday, Leader Cantor issued a memo to House Republicans regarding the fall jobs and regulation agenda, it can be found HERE.
 

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