Hank Johnson: “My amendment would except from H.R. 427 all rules that the Office of Management and Budget determines would result in…”

“My amendment would except from H.R. 427 all rules that the Office of Management and Budget determines would result in net job creation. As with many other deregulatory bills we have considered this Congress, the proponents of H.R. 427 argue that it will grow the economy, create jobs, and increase America's competitiveness internationally. But we cannot pretend that this politicized legislation is about economic growth or American prosperity. As I have noted during the consideration of each of the antiregulatory bills that we have considered in the 114th Congress, there is simply no credible evidence in support of the majority's reiteration of ``job-killing'' regulations undermining economic growth--zero. The tired rhetoric that my Republican colleagues have repeated again and again since the passage of the REINS Act in 2011 has not changed in light of the changing facts on the ground. The latest report from the Bureau of Labor Statistics shows that unemployment has fallen to 5.3 percent. While there is more work to do to grow the economy and help our Nation's middle class, there have been 64 straight months of private sector job growth. That is 12.8 million private sector jobs created amidst a regulatory environment that is proworker, proenvironment, propublic health and prosafety, and proinnovation.…”