On the recordJuly 28, 2015
Mr. Chairman, I yield myself such time as I may consume. I often hear my colleagues on the other side of the aisle repeat false information, and it is unfortunate that it would be perpetrated that economic growth has been hurt because of an explosion of regulations during the Obama administration. I will be the first to admit that, with the historic passage of the Affordable Care Act, which has enabled 16 million Americans to now have access to the healthcare system--16 million people--it could have been more if the policies had not been obstructed so much; if we hadn't had 50-plus votes to do away with the Affordable Care Act, we would have more people having access to the healthcare system in this country, but bringing that many people into the healthcare system and actually changing the healthcare system required new regulations, and so people have been trying, for 75 to 100 years, to establish health care for everyone in this country. The Affordable Care Act was the closest that we could come to that ideal, but it was a transformational bill, and it did require new regulations to nurture it and to get it to this point, which has been a complete success, despite all opposition. {time} 1445 And then we had the Dodd-Frank legislation that was passed as a result of the Great Recession, which was caused by a lack of regulation.…





