On the recordJanuary 12, 2017
I have to commend my colleague. This is close, but this isn't horseshoes. Words have meaning. And I have to tell you that our underlying bill does actually do what you are talking about. {time} 1700 I will direct you to page 4. Page 4: ``evaluate whether, consistent with obtaining regulatory objectives, the regulation is tailored to impose the least burden on society, including market participants, individuals, businesses of different sizes, and other entities, including State and local government entities, taking into account, to the extent practicable, the cumulative costs of regulations.'' So, what we have here, Mr. Speaker, is a problem. We have a problem with U.S. businesses not performing the way that they should. We have to understand, though, why that is happening. I have to point out to my colleague that, frankly, we have fewer publicly traded companies in this country right now. You have to ask yourself why. We have virtually no IPOs happening in this country. You have to ask yourself why. Well, we know the answer. It is because we have overly burdened ourselves in this country and are no longer competitive. In fact, here is what I look forward to on January 21: I look forward to repealing the Tax Code that we have, and then we don't have to worry; I am looking forward to repealing ObamaCare, and then we don't have to worry; I am looking forward to real regulatory reform, and then we don't have to worry about that as a country.…





