Hank Johnson: “My colleagues have repeatedly argued to the fact that--or to the allegation that the rate of Federal regulations is…”

“My colleagues have repeatedly argued to the fact that--or to the allegation that the rate of Federal regulations is growing, but a recent report by the nonpartisan Congressional Research Service reported that the length of the Code of Federal Regulations has no bearing on the scope or impact of Federal regulation. In other words, just because the volume of paper is growing, they want to argue that this means that there is an onslaught, an explosion of Federal regulations. As I pointed out earlier, yes, there have been new regulations having to do with Dodd-Frank, which protects us from another economic meltdown that we suffered under the Bush administration, and also the Affordable Care Act, which has enabled 16 million Americans to have access to the healthcare system who did not have it prior to the passage of the Affordable Care Act. This argument that regulations are killing us is nonfactual. I reserve the balance of my time.”