Oversight and Government Reform Committee Chairman Issa Statement on the White House’s proposed CAFÉ standard rule

Published: Nov 16, 2011

WASHINGTON, D.C. – House Oversight and Government Reform Committee Chairman Darrell Issa today released the following statement on the White House’s newest proposed CAFE standard rule:

“Estimates indicate that these new regulations will raise vehicle costs for consumers by over $3000 per vehicle and even the White House’s own estimates say this rule will cost $157 billion dollars to implement. Beyond jobs that would be lost as a result of this rule, there are concerns that these new regulations were crafted in a manner inconsistent with laws and basic standards of transparency that had the effect of hiding special interest agendas. The Oversight Committee will continue to conduct its investigation into the process that developed these standards and will continue to press the administration for answers on the impact this rule will have on jobs and vehicle safety.”