On the recordJune 17, 2013
It is that. I appreciate the gentleman for being here tonight. I think this is something that we all see. In fact, in the 2011 speech, President Barack Obama stated that ``rules have gotten out of balance,'' and the result is ``a chilling effect on growth and jobs.'' I believe the President is correct about that. The rules have become so skewed that our Nation's regulatory system is at war with America's businesses. In fact, he went ahead and even, in an executive order, stated that: The last barriers we're trying to remove are outdated and unnecessary regulations. I've ordered a government-wide review, and if there are rules on the books that are needlessly stifling job creation and economic growth, we will fix them. I'll tell you what. I will agree with the President on this. And I want to say this is something we can move forward with, and it's something that has an effect, because right now these burdens are killing American industry and American jobs. When businesses are more concerned--right now, 40 percent is what I've seen in the latest survey from Morgan Stanley, said 40 percent of companies say policy uncertainty in Washington is preventing them from putting investments and job creation to work. This is something we've got to be a part of fixing because it matters, and it matters for jobs.…





