Update: The over-selling of the TRAIN Act
I made a diary entry a few days ago regarding my thoughts on the TRAIN Act as it stood at that time. It was updated yesterday and in addition to requesting a report on the economic impact of certain classes of regulations, it now would prevent most of those new regulations from taking effect until at least six months after the report is finalized. That would offer Americans being devastated by the EPA some relief until we get a new occupant in the White House.
It isn’t my ideal bill to deal with the regulatory mess, but it does slow it down considerably until we can get more favorable conditions to change the face of the regulatory apparatus.
I support the new version of the bill.