Source: Grist
Excerpt:
In early March, a small group of Democratic senators from the Rust Belt sent President Joe Biden an urgent letter. They began by extolling the benefits of two of the Biden administrationโs biggest achievements, the bipartisan infrastructure law and the Inflation Reduction Act, calling them โhistoric investments in our nationโs infrastructureโ that will ring in a brighter future for American manufacturing. But there was something, they cautioned, that threatened to hamper this progress: the Environmental Protection Agencyโs planned regulations for integrated iron and steel mills, proposed last July and nearing a court-ordered deadline.
โWe are concerned that the EPAโs proposed integrated steel rules will do what foreign competitors have thus far been unable to do: deter and diminish continued American investment in improving our steel industry,โ wrote the five senators, among them Joe Manchin of West Virginia and John Fetterman of Pennsylvania. They claimed the regulations would cost companies billions, enough to force widespread layoffs, despite the EPAโs estimate of $7.1 million in costs for the two companies, U.S. Steel and Cleveland-Cliffs, that own all 10 of the countryโs steel mills.
Read more: The EPA wanted to clean up steel mills. Then a group of Rust Belt senators got involved.