Todd Young: “I thank so much the gentleman from Georgia for his hard work on this issue, working with our colleague, Mr. Yoho of…”

“I thank so much the gentleman from Georgia for his hard work on this issue, working with our colleague, Mr. Yoho of Florida, and organizing this freshman initiative designed to tackle overly burdensome regulations, ensure that we produce smart regulations here at the Federal level and alleviate some of the pain during this very down economy that so many Americans are facing. You know, when you talk about regulations, this is not some arcane issue. These are the rules we live by, just like the legislation that emerges out of this body. It impacts our jobs, our economic growth, the level of personal income that Americans enjoy. It impacts the number of long-term unemployed we have in this country, and right now we're at a historic low. It impacts these things and so many others. People have too many hassles, too many burdens, too many anxieties, and regulations are a big part of the reason why. There are direct costs of regulations that come out of the alphabet soup agencies that populate Washington, D.C. There are compliance costs that our small businesses, in particular, must contend with. There's a great deal of uncertainty associated with the regulations being developed in the buildings around Washington, D.C.; and regulations lead to an increase in the costs of our goods and services produced, thus making us less competitive economically vis-a- vis our international competitors.…”