-By Warner Todd Huston
Lisa Jackson, the head of the Environmental Protection Agency (EPA), is headed to The Hill to testify about the Obama Administration’s newest proposed environmental regulations. Obama’s EPA is claiming that the new rules will bring all sorts of economic growth, but a new report by the National Taxpayers Union puts the administration’s claims in question and shows that the EPA’s “benefits” have no basis in reality.
The new report features economist David Montgomery who reveals the very large net regulatory benefits touted by EPA rely on apples to orange comparisons, where the vast majority of the benefits have none of the financial reality that the costs do. (Click here for a .pdf of the report)…
Read the rest at RightPundit.com.