Virginia Foxx: “It appears that the Biden administration is going to do everything it possibly can to destroy our economy and hurt…”

“It appears that the Biden administration is going to do everything it possibly can to destroy our economy and hurt working-class people. Headline in today's Washington Times: ``Biden piles up red tape after Trump's trims: Long arm of regulation reaches businesses for vague objectives.'' ``President Biden accelerated the regulatory state on his first day in office by ordering agencies to consider aspirational but vaguely defined goals and benefits when imposing new rules on businesses large and small. ``The order greenlighting regulations even when the benefits `are difficult or impossible to quantify' sent shudders down the spines of CEOs. They fear business growth will be smothered in pursuit of vague objectives such as `human dignity' and `the interests of future generations.' `` `It is the most aggressive thing I have ever seen by an administration,' said Doug Holtz-Eakin. `It is one thing to put out a bunch of regulations, but this changes the way regulation is done. It allows you to jam through any regulation you want regardless of the impact [on] the private sector.' '' We know we are having historic increased inflation and historic debt levels and now regulations. It is a disaster coming. ____________________”