As reported by Rebecca Terrell in The New American, “The U.S. House of Representatives has passed the TRAIN Act, which calls for establishing a committee to analyze the economic impact of recent regulations imposed by the Environmental Protection Agency (EPA).” Grover Norquist, president of Americans for Tax Reform, estimates the new EPA rules would cost $184 billion by 2030 and result in 1.44 million jobs lost. Norquist says the TRAIN committee is necessary because, “Although the EPA employs its own economists to access the fiscal impact of its rules, internal employees consistently underestimate the costs of environmental regulations.”
Americans for Tax Reform Opposes All Tax Increases As a Matter of Principle.