ATR Supports H.R. 4795, the Promoting New Manufacturing Act
Today, Americans for Tax Reform sent a letter to House members urging the passage of H.R. 4795, the Promoting New Manufacturing Act.
The proposed bill introduced by Representative Steve Scalise (R-La.) would stimulate the nation’s sluggish economy by streamlining the permitting process for new and existing U.S. factories by increasing transparency and regulatory fairness that would create American-based jobs. In part, the letter reads;
American manufacturing will be needed to rejuvenate the dismal state of the American economy. Unfortunately for Americans, over-regulation stymies economic growth by requiring too many permits that take too long to acquire.
H.R. 4795 would provide transparency and regulatory fairness, which most importantly allows new manufacturers to enter the market and for existing businesses to thrive. The end result; an improved, competitive economy and increased domestic job creation.
To read the letter in its entirety, click HERE.
Yesterday, Energy and Commerce Committee Chairman Fred Upton (R-Mich.) spoke at the Subcommittee on Energy and Power’s hearing on “EPA’s Proposed Carbon Dioxide Regulations for Power Plants". In his opening remarks, Chairman Upton said;
Once again, we see a Washington power grab of a highly complex and critical sector of the economy that affects every American consumer without thinking through all of the consequences.
Once again, we see only murky assertions as to legal authority, as to what will be required, and as to how this unprecedented regulatory scheme will work in practice.
Once again, the preferences of consumers and job-creating business are taking a back seat to the dictates of NGOs and federal bureaucrats.
With the current dismal state of the American economy in conjunction with the EPA’s proposed harmful regulations, it is vital that lawmakers focus on providing the American people with affordable energy and new employment opportunities. ATR applauds Rep. Scalise and Chairman Upton in their efforts to stimulate the economy through sound energy policy and job creation.