On Monday, the Obama Administration will announce new regulations that will cost our region nearly 5,000 jobs all while raising the rate we pay for electricity.
A report released by the U.S. Chamber of Commerce this week shows that President Obama’s proposed EPA regulation would cost the New England region’s economy $2.7 billion annually and would destroy 4,700 jobs in the region.
We need Carol Shea-Porter and Ann McClane Kuster to stand up for the people of New Hampshire and stop this proposal that will kill jobs and bring more damage to our still struggling economy.
The report also revealed that the regulations would increase electricity costs in the Northeast, which are already among the highest in the nation, by $600 million each year. How can we expect businesses to move here or create new jobs when these policies force them to pay more every time they turn on the lights?!
These new regulations will mean fewer jobs and higher electric rates.