[Congressional Record Volume 155, Number 73 (Wednesday, May 13, 2009)]
[House]
[Pages H5491-H5492]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




         SERIOUS ECONOMIC IMPACT WITH EPA CO2 RULES

  (Mrs. BLACKBURN asked and was given permission to address the House 
for 1 minute and to revise and extend her remarks.)
  Mrs. BLACKBURN. Mr. Speaker, I have a memo and article, ``OMB Memo: 
Serious Economic Impact Likely with EPA CO2 Rules'' and also 
the article that is from the Dow Jones Newswires that brings attention 
to this. I have both documents right here, and I encourage my 
colleagues to read both of these documents.

[[Page H5492]]

  As the memo points out, and the article also states, contrary to 
administration statements, some within the executive branch have 
serious reservations about regulating CO2 through the Clean 
Air Act. They highlight that such regulation will place a tremendous 
cost on our economy. I share their concerns, and I have introduced H.R. 
391 to prohibit the EPA from undertaking such regulation.
  The regulation of greenhouse gases by the EPA would, and I am quoting 
from the memo here, ``is likely to have serious economic 
consequences.''
  Mr. Speaker, we all know what that is, and we know it will be 
realized if the cap-and-trade bill currently under consideration is 
passed.
  I encourage everyone to join me on H.R. 391 and to read the memos.

                          ____________________