Political Quotes

On the recordFebruary 5, 2015
Mr. Chair, I rise in support of my amendment, which would exempt from H.R. 527 all rules that the Office of Management and Budget determines would result in net job creation. Under President Obama, our country has rebounded from the Great Recession, creating 11 million new jobs over 5 years, and unemployment is falling at the fastest rate in three decades. Consumer and business spending have catalyzed the fastest gross domestic product growth since 2003. My amendment would ensure that this meteoric growth and progress continues. Contrary to my Republican colleagues' assertion that regulations kill jobs, a wealth of unimpeachable, bipartisan evidence has repeatedly and effectively debunked this claim. Studies by both the San Francisco and New York Federal Reserve found that there is zero correlation between job growth and regulations and that there is no evidence showing that increased regulations and taxes have any effect on the unemployment rate. And the evidence that regulations harm the economy? The only evidence relied on for the absurd figures repeated by the proponents of this bill derive from a study roundly disproven by the nonpartisan Congressional Research Service, which found that the study's cost figures were cherry-picked, inaccurate, based on evidence from decades ago, and without contemporary value. I have also heard my Republican colleagues repeatedly claim that regulations have a $15,000 regulatory burden on every American family.…
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Hank Johnson
Democratic · Georgia

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