Roy Blunt: “let's talk about this topic a little longer--regulation. Again, in my view--and my friend from South Dakota and I have…”

“let's talk about this topic a little longer--regulation. Again, in my view--and my friend from South Dakota and I have shared this view for a long time--when the Congress passes laws--and I think it is appropriate that we are not always in the best place to come up with the regulations that put those laws in place--I believe the country has clearly come to a place where nobody is then answerable for regulations that have a significant impact on our economy. The Senator from Kentucky Mr. Paul and I have cosponsored the REINS Act, which addresses these laws that meet this kind of threshold, and it is a bill that was before the Congress, but we can't get that bill to the floor. Senator Thune and I have worked for a long time on this kind of proposal that would simply create opportunity. The emergency nature of the opportunity is really a 5-year emergency now where we have seen job opportunity after job opportunity go away. Part of that is surely because of what were the unintended but clear consequences of the Affordable Care Act, and part of it is rules and regulations that don't make sense to people who are about to take enough of a chance with their creation of opportunity for themselves and somebody else without having any idea that someone answerable to them is eventually going to have to answer for what the Federal Government does. And that is what bringing these regulations to the floor would do.…”