David Schweikert

My great hope is, this being sort of a first step, is movement towards a level of transparency.

There is a running joke in my family, what are the two times in life you think you know everything?

the ability in today's world... to understand it, to analyze it, to have an opinion

68 percent said that the government regulations on business are created by out-of-touch people who are trying to push a political agenda.

I actually have a fascination with the underlying science and want to try to do this as credibly as possible.

I am--my great hope here as we sort of move forward on H.R. 4012

you are going to have to step beyond sort of the confirmation bias

I thank my friend from Texas, though at this moment I feel like I am surrounded by Texans in this particular discussion. I am from Arizona. I am actually from the desert part of Arizona in the desert Southwest. So why is a bill such as…

my great hope is this being sort of a first step is a movement towards a level of transparency

How often does that happen where the data sets, our current data belief, our current policy we believe today will be dramatically different a decade ago?

A popular government without popular information or the means of acquiring it, is but a Prologue to a Farce or a Tragedy--or perhaps both. Knowledge will forever govern ignorance, and a people who mean to be their own Governors must arm…

70 percent of Americans said the regulation mostly hurt the American economy.

72 percent said that the government regulations are created in a closed, secretive process.

We need to have these discussions, make sure we are designing optionality and flexibility.

We are always a decade or sometimes more behind in regulatory design compared to current technology.

I am trying to be very honest in dialogue.

Our static regulatory environment doesn't seem to move nearly as fast as technology.

How is that being acquired? So you are telling me if I am buying lift capacity, that as that purchaser, part of my--as I am out there in the market buying?

But if I was going to maximize public safety, does that safety really come from a command-and-control regulatory environment or does it come by actually sort of indemnification and insurance environment where the insurance world is…

Educate me a little bit. How many countries right now are launch-capable or part of the international treaty, the compact?

But you also see what a great job the government does in managing that and stopping it.

I really do want to move to this democratization of access to capital...

Thank you, Mr. Best.

I would like to thank the Committee again for having me join you today and I look forward to answering any questions that you may have.

But as a practical matter, what that means is someone who has $100,000 in savings would be able to invest $10,000 instead of $5,000.