Landry Co-Sponsors ROAD To Jobs Act Of 2011

Congressman Jeff Landry is co-sponsoring a bill which he says could help "to end President Obama's regulatory barriers that are strangling job creation and economic growth."From the office of Congressman Landry:

49 – the ROAD (Regulatory Openness, Accountability, and Disclosure) to Jobs Act of 2011.

“Across America there are 351 energy projects – projects that could help wean us of foreign oil – delayed or cancelled because of a broken permitting process and lawsuits, costing the American economy $1.1 trillion and nearly 2 million jobs. It is necessary we expose how Washington bureaucrats are blocking job creation and energy independence,” said Landry. “The legislation I have co-sponsored will force the President to reveal how much his Administration’s red-tape is costing our communities.”

Landry – the House’s leading authority on drilling in the Gulf of Mexico – said if the bill passes, the White House Council on Environmental Quality will be required to report the following information to Congress every year on December 31st: the number of energy-related permits that were submitted during that year, the number of permits that have not yet been approved, the number of permits that were rejected during the calendar year, the economic impact on the industry from a permit not being issued or being rejected, an estimate of the capital investment to be invested if the permit is approved, the number of direct jobs to be created should the permit be approved, the date when the permit was submitted to the Federal agency, the status of the permit, and the expected date of when a decision will be reached on the permit.

Landry concluded, “The ROAD to Jobs Act will ensure the President reports the number of direct jobs and direct capital investment being held up by his federal bureaucrats in the permitting process. Hopefully, this exposure will change his destructive regulatory process and get our hard-working people back to producing responsible, affordable, domestic energy as soon as possible.”