On the recordSeptember 8, 2011
I have come to the floor many times, as we all do, to discuss issues that are important to our States, in my case the State of Nebraska, on issues that are important for our Nation. Many times those comments deal with what seems to be the constant regulatory assault on our Nation's job creators. In meetings across Nebraska--and I did 15 townhall meetings in August--the second and third questions I often got, if not the very first, concerned the regulatory burden our Federal agencies are placing on our job creators. This administration has generated nothing short of a mountain of redtape, including hundreds of new regulations. Of these, at least 219 have been categorized as significant. What that means is they will cost more than $100 million per year, $100 million taken out of our economy to finance regulation. The administration doesn't even dispute the mountain of redtape, nor does it dispute the size of the mountain that is created. In a letter from the President to Speaker Boehner, the White House identified seven regulations on its agenda, each costing not $100 million but at least $1 billion per year. These costs take important capital out of our economy. These costs weigh on our job creators. These costs punish the little guy, and there is no doubt about it. This mountain is so massive, the administration has had to expand the Federal workforce itself to write the regulations and to enforce them.…





