Political Quotes

“Mr. Chairman, I rise in opposition to H.R. 185, the Regulatory Accountability Act of 2015, and on behalf of my amendment to protect jobs. H.R. 185 is a sweeping revision of the Administrative Procedure Act that convolutes the agency rulemaking process through numerous analytical requirements. These requirements, which are largely opposed by the Nation's leading administrative law experts, would cause years of delays in rulemaking or deregulate entire industries through rulemaking avoidance by agencies. As a result of this deregulation, H.R. 185 would seriously undermine the critical role of agencies in protecting public health and safety, undermining protections across every regulated industry, from consumers' health and product safety, environmental protections, workplace safety, to consumer financial protections. The only basis for this bill is the unsupported claims that regulations erode employment and economic growth. Contrary to my Republican colleagues' assertion that regulations kill jobs, a wealth of unimpeachable, bipartisan evidence has repeatedly and effectively debunked this claim. The Office of Management and Budget estimated over the last decade that major regulations benefited the economy between $217 billion and $863 billion a year, at a mere cost of $57 billion to $84 billion. Regulations don't cause economic loss, ladies and gentlemen. Instead, they have produced billions of dollars in economic gains.…”