Tim Walberg: “Hardly a week goes by without this administration promulgating some new regulation that burdens the American people and…”

“Hardly a week goes by without this administration promulgating some new regulation that burdens the American people and our economy. This week it's an environmental regulation that will drive up energy costs. According to a report by the SBA, regulations cost $1.7 trillion annually. OMB has reported that regulations cost $62 billion annually. Regardless of which agency's number we believe, it doesn't matter. Both numbers are too high and hurt economic growth at a time when unemployment is too high. Let me make this real simple and settle this argument between these agencies. The cost of regulations is not simply a job, it's jobs, and every job has a human face. If more spending and more regulations meant more jobs, then this President's policies would have produced the strongest economic recovery in our Nation's history. Unfortunately, it's made things worse. ____________________”