Political Quotes

“Mr. Chairman, I yield myself 4 minutes. My amendment would exempt rules proposed by the Nuclear Regulatory Commission from the new impediments to the regulations in this bill. Mr. Chairman, there they go again. The right-wing Republican House majority is practicing more voodoo economics. This time it's the belief that overregulation is the cause of our slow economic growth and high unemployment rate. There is no evidence to support this position--none. In actuality, according to the Economic Policy Institute, ``economy- wide studies do not find a significant decline in employment from regulatory policies.'' And some regulations actually create jobs due to regulatory compliance. More broadly, findings from the Office of Management and Budget in both Republican and Democratic administrations show the benefits of regulations far outweigh their costs. Most recently, OMB found that the benefits from major rules issued between 2001 and 2010 yielded benefits ranging from $136 billion to $651 billion and imposed costs of between $44 billion and $62 billion. Despite these facts, the right-wing Republican House leadership presses ahead with what it calls regulatory reform. Today's bill, H.R. 3010, in the name of so-called reform, adds over 60 new procedural and analytical hoops agencies and departments must jump through before a regulation can be issued.…”