FOR IMMEDIATE RELEASE November 26, 2014 Permalink CONTACT: Kevin Smith, Michael Steel 202-225-0600 Obama Administration's Massive New Rule Puts Millions of American Jobs at Risk WASHINGTON, DC – House Speaker John Boehner (R-OH) issued the following statement today on the Obama administration's costly new draft Environmental Protection Agency (EPA) regulation: "The Obama administration's massive new regulation - the most expensive rule ever proposed by the EPA - could slash family budgets by more than $1500 per year, reduce GDP by trillions, and cost our economy millions of jobs.  If implemented, it would also undercut our ability to use America's energy boom to reset our country's economic foundation, revitalize manufacturing, and put more Americans back to work.  The president signaled his own concern with this costly proposed regulation - which is even more damaging than his national energy tax - when he delayed the rule three years ago, citing 'the importance of reducing regulatory burdens and regulatory uncertainty.'   Those concerns are no less valid today, as millions remain unemployed and middle-class families continue struggling with higher costs and stagnant wages.  Americans have made clear to the president that his priorities are not theirs, and this is precisely the kind of misguided policy they rejected earlier this month.  The new American Congress will continue listening to the American people, and take action to protect middle-class families, and our economy, from the Obama administration's regulatory onslaught."

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