Political Quotes

“I want to thank the distinguished gentleman from California for yielding and for his good work on this resolution and a host of other issues in leading our committee. The President's executive order directing agencies to take into account the cost of cumulative regulations is an important step, moves us in the right direction, and something that we just, frankly, are getting an understanding of how the Federal Government should work relative to the private sector. Job creators do not live in a world where they are only subject to one regulation issued by one agency. Rather, job creators are subject to a myriad of regulations and compliance obligations enforced by the EPA, the Department of Labor, the IRS, Health and Human Services, and on and on and on. The utilities sector offers fertile ground to begin understanding how Federal agencies should take into account the cumulative effect of regulations. From early 2009 to 2017, this industry will have to contend with no less than 35 separate regulatory deadlines. Those affected say looming regulatory changes have already caused two power plants to be shut down. The manufacturing sector: this industry is hit the hardest by cumulative regulatory costs, with per-firm costs at over $600,000--half a million greater than the national average. Small manufacturers bear a proportionately larger regulatory burden, with an estimated cost of $26,000 per employee--more than double the burden faced by other larger manufacturers.…”