Barry's from the government, and he's here to help.
Posted: Fri, 22 Jun 2012 09:07:04
According to the National Association of Manufacturers (NAM), Government malfeasance on allowing the defense cuts mandated by sequestration required by failure to reduce the deficit and allowing implementation of the EPA's Final Utility MACT rule will cost the nation 2.65 million jobs vast expenses due to added regulatory burden and economic displacement within the next 10 years (over 1 million jobs lost by 2014). See below:
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Defense Cuts Will Cost 1 Million Jobs.
According to a new NAM report, cuts in defense spending under the upcoming sequester, coupled with defense cuts enacted last summer, could result in the loss of more than 1 million U.S. jobs in 2014. Defense Spending Cuts: The Impact on Economic Growth and Jobs highlights the potential impact defense spending cuts will have on U.S. jobs and economic growth. This job loss in 2014, including 130,000 manufacturing jobs, will increase the unemployment rate by 0.7 percent and decrease GDP by almost 1 percent by 2012. The report shows that the long-lasting effects of these cuts will be felt all along the supply chain, from defense equipment manufacturers to everyday Americans who are protected by these products. “The men and women working in defense manufacturing will bear the brunt of the damage these cuts will inflict on small and medium-sized manufacturers. We can't risk the loss of jobs, innovation and progress that are at stake here,” said Williams-Pyro President and CEO Della Williams. The report is part of a larger effort of the NAM’s Defense Manufacturing Working Group that brings together manufacturers in the defense and aerospace industries and their suppliers to highlight the impact these industries have on our nation’s innovation and economy.
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Senate Fails to Save Jobs and Help Manufacturers Invest in the Future.
On Wednesday, June 20, manufacturers across the United States were disappointed when the Senate failed to stop the Environmental Protection Agency (EPA) from implementing its costly and burdensome Utility MACT regulation. Despite bipartisan support, Sen. James Inhofe’s (R-OK) joint resolution of disapproval (S.J. Res. 37) to overturn the EPA’s regulations for coal-fueled power plants failed by a vote of 46-53. The Utility MACT rule is one of the most expensive regulations ever issued by the EPA.
Under the Congressional Review Act, which allows Congress to overrule a regulation by means of an expedited legislative process, S.J. Res. 37 only needed a simple majority to pass the Senate. The NAM key voted Sen. Inhofe’s proposal, which would repeal the rule so that the EPA could propose a more reasonable plan. On September 23, the House of Representatives passed H.R. 2401, which delayed implementation of the proposed Utility MACT rule.
“The Senate missed an opportunity to protect manufacturing jobs and promote growth,” said NAM Senior Vice President of Policy and Government Relations Aric Newhouse in a statement. “Manufacturers will be burdened with the cost of one of the most expensive rules ever issued by the EPA at a time when they need to be investing in the future and creating jobs.”
The final Utility MACT rule, issued in December, requires many power plants to install emission control technologies in a short compliance time frame. Many power plants will have to shut down, be significantly modified or replaced, threatening electric reliability for manufacturers. As a result, hundreds of thousands of jobs will be lost. When combined with other power plant regulations, 1.65 million jobs across the country will be lost by 2020, and electricity prices for manufacturers in the United States will skyrocket, hindering manufacturers’ competitiveness. The rule is expected to cost a total of around $95 billion, 40 percent more than the total cost of all existing EPA Clean Air Act regulations on power plants. These costs will be passed down to both manufacturers and residential consumers.
On June 8, the NAM sent a letter to the Senate with 258 company and association signatures urging support for S.J. Res. 37. In the letter, the NAM stressed that disapproving this rule would not prevent the EPA from reducing mercury emissions from power plants, but it would require the EPA to write a more sensible regulation without increasing energy prices and costing manufacturers jobs. The letter helped generate bipartisan support for the resolution.
Manufacturers will be closely watching whether the Utility MACT regulation is overturned in federal court and will continue to advocate against the EPA’s overreaching regulatory agenda that jeopardizes affordable energy. If manufacturing is to continue to lead the recovery, Congress must stop regulations such as Utility MACT from stifling job creation and economic growth.
“We will continue to urge Congress to act now to stop the EPA’s aggressive agenda and urge Washington to pass sensible policies that make it easier for manufacturers to grow their businesses and remain competitive,” said Newhouse.
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Defense Cuts Will Cost 1 Million Jobs.
According to a new NAM report, cuts in defense spending under the upcoming sequester, coupled with defense cuts enacted last summer, could result in the loss of more than 1 million U.S. jobs in 2014. Defense Spending Cuts: The Impact on Economic Growth and Jobs highlights the potential impact defense spending cuts will have on U.S. jobs and economic growth. This job loss in 2014, including 130,000 manufacturing jobs, will increase the unemployment rate by 0.7 percent and decrease GDP by almost 1 percent by 2012. The report shows that the long-lasting effects of these cuts will be felt all along the supply chain, from defense equipment manufacturers to everyday Americans who are protected by these products. “The men and women working in defense manufacturing will bear the brunt of the damage these cuts will inflict on small and medium-sized manufacturers. We can't risk the loss of jobs, innovation and progress that are at stake here,” said Williams-Pyro President and CEO Della Williams. The report is part of a larger effort of the NAM’s Defense Manufacturing Working Group that brings together manufacturers in the defense and aerospace industries and their suppliers to highlight the impact these industries have on our nation’s innovation and economy.
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Senate Fails to Save Jobs and Help Manufacturers Invest in the Future.
On Wednesday, June 20, manufacturers across the United States were disappointed when the Senate failed to stop the Environmental Protection Agency (EPA) from implementing its costly and burdensome Utility MACT regulation. Despite bipartisan support, Sen. James Inhofe’s (R-OK) joint resolution of disapproval (S.J. Res. 37) to overturn the EPA’s regulations for coal-fueled power plants failed by a vote of 46-53. The Utility MACT rule is one of the most expensive regulations ever issued by the EPA.
Under the Congressional Review Act, which allows Congress to overrule a regulation by means of an expedited legislative process, S.J. Res. 37 only needed a simple majority to pass the Senate. The NAM key voted Sen. Inhofe’s proposal, which would repeal the rule so that the EPA could propose a more reasonable plan. On September 23, the House of Representatives passed H.R. 2401, which delayed implementation of the proposed Utility MACT rule.
“The Senate missed an opportunity to protect manufacturing jobs and promote growth,” said NAM Senior Vice President of Policy and Government Relations Aric Newhouse in a statement. “Manufacturers will be burdened with the cost of one of the most expensive rules ever issued by the EPA at a time when they need to be investing in the future and creating jobs.”
The final Utility MACT rule, issued in December, requires many power plants to install emission control technologies in a short compliance time frame. Many power plants will have to shut down, be significantly modified or replaced, threatening electric reliability for manufacturers. As a result, hundreds of thousands of jobs will be lost. When combined with other power plant regulations, 1.65 million jobs across the country will be lost by 2020, and electricity prices for manufacturers in the United States will skyrocket, hindering manufacturers’ competitiveness. The rule is expected to cost a total of around $95 billion, 40 percent more than the total cost of all existing EPA Clean Air Act regulations on power plants. These costs will be passed down to both manufacturers and residential consumers.
On June 8, the NAM sent a letter to the Senate with 258 company and association signatures urging support for S.J. Res. 37. In the letter, the NAM stressed that disapproving this rule would not prevent the EPA from reducing mercury emissions from power plants, but it would require the EPA to write a more sensible regulation without increasing energy prices and costing manufacturers jobs. The letter helped generate bipartisan support for the resolution.
Manufacturers will be closely watching whether the Utility MACT regulation is overturned in federal court and will continue to advocate against the EPA’s overreaching regulatory agenda that jeopardizes affordable energy. If manufacturing is to continue to lead the recovery, Congress must stop regulations such as Utility MACT from stifling job creation and economic growth.
“We will continue to urge Congress to act now to stop the EPA’s aggressive agenda and urge Washington to pass sensible policies that make it easier for manufacturers to grow their businesses and remain competitive,” said Newhouse.

