Henry Waxman actually said...

"It appears to me that the President's regulatory review process holds the promise for creating a more effective, efficient, and responsive Federal Government."

"Sound regulations are vital in protecting our Nation's economy and well-being."

"The purpose of the administration's review is to see if they are right and, if they are right, to revise those regulations."

"I can't believe that. No economist would suggest that the recession is not the major reason we are having a problem with jobs."