Jackson: 'We have not run the full economic modeling'
October 29, 2009
Posted by: David Lungren David_Lungren@epw.senate.gov
Jackson "We have not run the full economic modeling"
Inhofe EPW Rapid Response
On Tuesday, October 27, 2009, Sen. Voinovich questioned Administrator Jackson on whether EPA had conducted a full analysis of the Kerry-Boxer cap-and-trade legislation.
Voinovich: Secretary Jackson, you and I and our staffs have had an ongoing disagreement about the thoroughness of your, doing your analysis, and in your report about the impacts 1733 you state, "Because of these many similarities and the relatively small differences between the two bills, it is likely that a full analysis of 1733 would show economic impacts very similar to H.R. 2454." The fact is that you have not done a complete analysis, is that correct?
Jackson: We have not run the full economic modeling, sir.
Voinovich: How long would it take you to do that?
Jackson: I believe we estimated 4-5 weeks, I think that was the estimate to run the full suite of models.
Voinovich: So that we'd actually have the numbers of a full analysis, and that's exactly what I've asked the Chairwoman that we have before we mark up this bill from this committee.